Residential construction in the Kansas City area continued to rebound in February with $66 million in contracts issued, up 27 percent from February a year ago.
So far in 2013, residential work has resumed at a significantly faster pace than the same period a year ago, according to McGraw-Hill Construction, a respected national trade publication.
There have been $198.8 million in contracts issued for residential building, up 80 percent from last year.
Tempering the resurgence in residential has been a decline in nonresidential construction. There were $79.9 million in those contracts issued in February, down 8 percent from the same month a year ago, and $126.3 million issued so far this year, down 24 percent.
McGraw-Hill defines residential construction as one- and two-family houses, and apartments. Nonresidential is considered commercial, manufacturing, educational, recreational, hotel and other buildings.