Residential Real Estate and Homebuilders and Housing Starts and Regional News and Real Estate & Retail

Home-building permit filings continue to climb

February 12, 2013

Area home-building activity continues to improve as the number of single-family permits filed in January jumped 55 percent from the same period last year.

Overall, builders filed 303 permits in the nine-county central Indiana region last month, according to figures released Tuesday by the Builders Association of Greater Indianapolis. That’s up from 196 in January 2012.

Higher demand for new houses spurred a 16-percent increase in permits for all of last year—the largest annual jump since 1998.

Hamilton County had the most permit filings in January with 126, a 66-percent increase from January 2011. Hendricks County doubled its home-building activity, with 42 permits filed last month.

The number of permit filings in Marion County increased 64 percent, to 41. Johnson County posted a 79-percent increase, to 43.

Boone County had 33 filings, up 22 percent. Morgan County had just 5, up 25 percent.

Hancock County, Madison County and Shelby County all saw fewer permits filed in January.

ADVERTISEMENT

Recent Articles by IBJ Staff

Comments powered by Disqus