BUSINESSJul 10 · 17:00 UTCMISSOURI INDEPENDENTMisbahul Haque

Missouri homebuilders report dwindling business amid national housing slump

Missouri homebuilders report declining business amid a national housing slump, with construction starts and permits dropping significantly in May 2025. Builders attribute the downturn to rising mortgage rates and high costs, leading to reduced sales and construction activity in Missouri metro areas.

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Mentioned

U.S. Census BureauorganizationMissouriplaceKansas City metropolitan statistical areaplaceSt. LouisplaceColumbiaplaceHemme Homes and RemodelingorganizationAshlar HomesorganizationGirard HomesorganizationJeff HemmepersonShawn WoodspersonParker Girardperson

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