The number of residential permits issued during August indicates that local builders will be working hard to replenish new home inventory, according to the Home Builders Association of Greater Kansas City’s (HBA) monthly Residential Building Permit Statistics report. Area communities issued 530 permits for new single family residences during August, an increase of 36 from the prior month and 105 more permits than in August of 2015. The year-to-date total of 3,852 is 29% higher than 2015’s total through August. Multi-family permits are also setting a brisk pace with 3,062 units permitted during the first eight months of this year.
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