Sedgwick County new home construction fell in 2023. Will that make housing shortage worse?
Despite the need, new home construction in Sedgwick County went down last year. The county appraiser estimated a dip in new construction of almost 12%, an estimate that included single-family homes, duplexes and quadplexes. Single-family building permits fell by 9% in the Wichita area, according to the Wichita Area Builders Association. Why? “Inflation, and how fast and high it went up and stayed up — and also interest rates...” Source: Local News | Wichita Eagle