Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowThe central Indiana home-construction industry saw a small uptick in business in February, the Builders Association of Greater Indianapolis reported Tuesday.
Homebuilders filed 379 single-family building permits in the nine-county metro area in February, BAGI said. That’s up 3.6 percent from the 366 that were filed in February 2013.
February’s numbers followed a stagnant January that saw only 300 permits filings, compared with 303 in January 2013.
This year’s unusually tough winter took a toll on business, according to Steve Lains, CEO of BAGI.
“The harsh weather remains a huge factor in our February permit numbers but the numbers remain strong,” Lains said in a prepared statement. “Market analysts predict a steady increase in permit activity in 2014, and I suspect once we see a rise in temperatures, we’ll see the predicted uptick in our numbers …”
Year-over-year filings dropped 3 percent in Marion County in February, from 63 to 61.
They rose 1 percent in Hamilton County, to 162; 29 percent in Hendricks County, to 49; and 11 percent in Johnson County, to 41. Hancock County saw filings double, from 14 to 28.
Shelby County went without a permit filing for the third straight month.
Please enable JavaScript to view this content.