KC metro ranked in top 25 for multi unit delivery over a year Q3-Q3 (4700 units) and about 17th for Q3 2020 itself (1500 units). Absorption is healthy too.
KC still in top 20 for construction starts for 2020 full year, 2nd in Midwest. Is actually up 20% for 2020 where US avg is down 20%. KC has been fairly consistent in top 20 last 5+ years.
KC still in top 20 for construction starts for 2020 full year, 2nd in Midwest. Is actually up 20% for 2020 where US avg is down 20%. KC has been fairly consistent in top 20 last 5+ years.
As title says, it's 'starts" for commercial and multi-family buildings in millions of dollars, doesn't include single family home construction. And apparently not civil/fed infrastructure projects.
I think that 'starts' means broke ground within the year, not permits pulled.