Applications for new homes continue to surge in central Indiana
Central Indiana residential builders are on pace to have one of their busiest years since the homebuilding boom that took place before the Great Recession.
Housing Starts
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Area residential builders get off to slow start in 2023
Filings for single-family building permits in central Indiana have fallen on a year-over-year basis for the past 13 months and in 16 of the past 18 months.
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2022 Year in Review: A year of ups, downs and uncertainty
The stock market dropped in 2022. So did the unemployment rate. Except in Indiana, where in both cases, the numbers crept up.
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Area homebuilders see 5th straight month of falling permits
Builders are coming off their busiest year since 2005, but single-family building permits have fallen on a year-over-year basis in every month of 2022.
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Area homebuilders continue to see high demand for new houses
So far this year, 4,676 single-family building permits have been filed in the nine-county Indianapolis area, up 49% over the first five months of 2020.
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Articles
Housing starts ease nationally on decline in multifamily construction
U.S. housing starts slowed in September as a drop in multifamily projects outweighed a pickup in construction of single-family dwellings.
Area home construction permit filings rise for 4th month in row
Six of the area’s nine counties saw a year-over-year increase in single-family building permit filings in October.
Multifamily projects lead to bigger-than-expected surge in residential construction
The pickup points to signs of budding optimism that the worst of the housing rout may be near.
Demand for new homes still growing despite rising construction costs
Builders in the nine-county Indianapolis area are seeing their busiest year since 2005 despite soaring lumber prices and snarled supply chains that have made it difficult to get products to complete new homes.
Central Indiana homebuilders see busiest March since 2005
So far this year, 2,717 single-family building permits have been filed in the nine-county Indianapolis area, up 48% over the first three months of 2020.
Central Indiana homebuilders off to hot start in 2021
Fresh off their busiest year since 2006, area homebuilders continued to see heavy interest from buyers in January, the Builders Association of Greater Indianapolis announced Wednesday.
Central Indiana homebuilders see busiest year since 2006
Central Indiana homebuilders saw another onslaught of interest from buyers in December, adding to their busiest year since before the Great Recession.
Central Indiana homebuilders continue biggest year since 2006
Builders in the nine-county Indianapolis area filed 694 single-family building permits in November, up 47% from the same month of 2019.
Central Indiana homebuilders see biggest October since 2005
Area homebuilders have made 7,181 single-family building permit filings through the first 10 months of 2020. That’s already more than they’ve filed in any full year since 2007.
Area builders see big jump in home-construction applications
After a slowdown in May, applications for home construction permits made a solid rebound in the Indianapolis area in June despite the pandemic.
Developers push into Westfield along Carmel’s northern border
Over the past decade, developers have proposed nearly a dozen new subdivisions within a couple of miles of the 146th Street and Towne Road intersection.
Area homebuilders saw big rise in applications during first quarter
Interest in buying new homes in central Indiana surged dramatically in the first quarter, before the affects of the COVID-19 pandemic began taking its toll on the economy.
U.S. home construction dips 3.6% in January
The U.S. Commerce Department reported that builders started construction on 1.57 million homes, a decline of 3.6% from 1.63 million units in December. That had been the highest point since late 2006 at the peak of the housing boom of the last decade.
Indianapolis-area homebuilders start 2020 with January surge
Applications for home construction permits in the Indianapolis area rose in January, marking the sixth monthly increase in the past seven months.
Sales of existing homes surge in central Indiana amid lower rates
Closed sales in central Indiana have risen on a year-over-year basis in four of the last five months after falling in seven of the previous eight months.
Indianapolis-area homebuilders end 2019 with second-half surge
A big December was not quite enough to make last year’s construction pace exceed 2018’s. It was the first year since 2011 that fewer single-family building permits were filed in the area than in the previous year.
Unexpected slow November snaps second-half surge in home-building activity
Applications for home construction fell 15 percent in November, which means Indianapolis-area builders will need a huge December to match 2018’s numbers.
Area home builders continue to see late-year surge in demand
Single-family construction permits in the nine-county area have risen for four months in row on a year-over-year basis following seven straight months of declines.
Indianapolis-area home builders seeing late-year surge in demand
Applications for home construction in the nine-county area have risen three months in a row following seven straight months of declines.