New Home Construction Trend In St Louis Remains Steady In October

New home construction in St. Louis during October held at about the same trend as September with 4,289 new home permits issued for the 12-month period ended October 31, 2019, a decline of 8.04% from a year ago when there were 4,664 permits issued, according to the latest data from the Home Builders Association of St. Louis & Eastern Missouri.  This is about the same as September when the 12-month trend was down 8.05% from the prior 12-month period.

As the table below shows, 4 of the 7 counties covered in the report saw a decline in new home permits from a year ago.  This is the same as last month, with the same four counties on the decline.  For the 9th month in a row, Franklin County suffered the biggest loss at 41.31%.  At the other end of the spectrum, St Charles County had the largest increase at 7.55% and took removed Warren County from the number one slot after Warren County had 9 consecutive months of the highest growth in permits.

  

St Louis New Home Building Permits – October 2019

St Louis New Home Building Permits - October 2019

 

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