Homebuilders see third straight month of rising demand

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Home-construction activity in cental Indiana rose for the third straight month in April, the Builders Association of Greater Indianapolis said Wednesday morning.

Homebuilders filed 521 single-family building permits in the nine-county area during the month. That’s up 5 percent from the 496 filed in April 2013. It’s also a 14-percent increase from March.

Hamilton County saw the most activity in April, with 214 permits filed. That’s an increase of 15 percent over April 2013.

In Marion County, 61 permits were filed, a decrease of 10 percent.

Filings rose 1 percent in Hendricks County, to 71; 30 percent in Boone County, to 60; and 27 percent in Hancock County, to 38.

Filings fell 9 percent in Johnson County, to 52. They also dropped in Madison, Morgan and Shelby counties.  

On a year-over-year basis, permit filings in the area have risen in 13 of the last 16 months. Through the first four months of the year, 1,659 permits were filed in central Indiana, an increase of 4 percent over the same period of 2013.

Area home construction has slowly increased during the economic recovery, but is still well off the torrid pace seen prior to the recession. More than 3,640 permits were filed in the area during the first four months of 2006.


  • Linda
    It takes a while to climb out of the Grand Canyon. Your .1% I believe refers to the first quarter, which was depressed nationwide by terrible weather. Projections for the rest of the year are for about 3%, and homebuilding will help lead the way. There is still a huge backlog of foreclosed properties, and we will probably never see the hyper-stupid suburban building boom of the late 90's again. But grow we will.
  • Recovery?
    wish people would stop calling the stagnant economy a 'recovery'. gdp grew at .1%....we're stuck in a rut.....but media outlets love to pretend we're recovering and things are looking up. We've been recovering for how many years now....fact is its the slowest recovery EVER after a recession.

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  1. If I were a developer I would be looking at the Fountain Square and Fletcher Place neighborhoods instead of Broad Ripple. I would avoid the dysfunctional BRVA with all of their headaches. It's like deciding between a Blackberry or an iPhone 5s smartphone. BR is greatly in need of updates. It has become stale and outdated. Whereas Fountain Square, Fletcher Place and Mass Ave have become the "new" Broad Ripples. Every time I see people on the strip in BR on the weekend I want to ask them, "How is it you are not familiar with Fountain Square or Mass Ave? You have choices and you choose BR?" Long vacant storefronts like the old Scholar's Inn Bake House and ZA, both on prominent corners, hurt the village's image. Many business on the strip could use updated facades. Cigarette butt covered sidewalks and graffiti covered walls don't help either. The whole strip just looks like it needs to be power washed. I know there is more to the BRV than the 700-1100 blocks of Broad Ripple Ave, but that is what people see when they think of BR. It will always be a nice place live, but is quickly becoming a not-so-nice place to visit.

  2. I sure hope so and would gladly join a law suit against them. They flat out rob people and their little punk scam artist telephone losers actually enjoy it. I would love to run into one of them some day!!

  3. Biggest scam ever!! Took 307 out of my bank ac count. Never received a single call! They prey on new small business and flat out rob them! Do not sign up with these thieves. I filed a complaint with the ftc. I suggest doing the same ic they robbed you too.

  4. Woohoo! We're #200!!! Absolutely disgusting. Bring on the congestion. Indianapolis NEEDS it.

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