Construction of single-family homes in Lawrence continued to decline in 2024, reaching a new low with only 57 permits granted by the city. After averaging in the mid-100s for years, single-family home construction dropped off considerably in 2022 and fell even lower last year. “It’s just been even worse than what we would have anticipated,” said Bobbie Flory, executive director of the Lawrence Homebuilders Association. At the same time, sale prices for single-family homes have continued to rise.
Source: The Lawrence Times