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Growth for Kansas City Housing in 2012

According to the Greater Kansas City’s Home Builders Association, the residential real estate sector of our area experienced significant growth in 2012. According to statistics, 2012 sales figures of single family homes were 43 percent higher than 2011 sales figures, with 2012 sales numbers for multi-family homes and apartments 71% higher at 4,948 residential units sold vs 2011 numbers of 2,901 sales. The Kansas City movers are hopeful that 2013 shows further strengthening of the market and sales that continue to grow and bring industry activity.

Recovery has been modest in Kansas City but also stable, so the signs are pointing in the right direction that 2013 could be a year of strength for the metro. The 2009-2011 time period was the lowest point for the Kansas City metro since 1982, so hopefully our area can keep the momentum going throughout 2013 and beyond.

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