Area home-building permit filings surge 46 percent
The Builders Association of Greater Indianapolis said October’s jump marked the biggest year-over-year increase this year. Activity was strongest in Hamilton and Hendricks counties.
The Builders Association of Greater Indianapolis said October’s jump marked the biggest year-over-year increase this year. Activity was strongest in Hamilton and Hendricks counties.
The number of home construction permits in the Indianapolis area jumped 16 percent last year, marking just the second year-over-year increase in filings since 2005.
Single-family building permits filed in the nine-county Indianapolis area rose again in March, the ninth straight month of year-over-year increases.
Single-family building permits filed in the nine-county Indianapolis area rose again in April, the 10th straight month of year-over-year increases.
Builders filed 817 single-family permits in Hamilton County during the first five months of the year. Which community had the most activity? Plus: Boone County stats.
Through June this year, 2,603 permits have been issued in the Indianapolis area, an increase of 26 percent compared to the first six months of 2012.
Residential construction is booming in The Village of West Clay, the already-sprawling Carmel development designed to mimic small-town life at the turn of the (last) century. But not everything has gone according to Brenwick Development’s ambitious plans. Two commercial nodes remain largely undeveloped, and one property owner’s legal woes led to several high-profile vacancies that have yet to be filled.
Year-to-date, local single-family-building permit filings have risen 27 percent from the same period a year ago.
Out-of-state builders scooped up lots during the housing downturn, and now are watching their gambles pay off as they become major local players.
Single-family-building permit filings in the nine-county area saw their 14th straight month of year-over-year increases in August, the Builders Association of Greater Indianapolis announced Wednesday.
With the housing market on the mend, the Builders Association of Greater Indianapolis decided the time was right to reintroduce the show, which gives the public an opportunity to tour newly built custom homes.
Single-family-building permit filings rose 8 percent in the nine-county area in September, marking the 15th straight month of year-over-year increases, the Builders Association of Greater Indianapolis reported Tuesday.
The developer who delivered high-end housing to Westfield a decade ago with The Bridgewater Club is working on plans for another upscale golf community near the city’s Grand Park Sports Complex.
The central Indiana home construction industry reversed course in October, with a rare year-over-year decrease in the number of single-family building permits filed. The drop follows a recent downward trend.
Slow but steady growth in central Indiana’s new-home market has chipped away at the supply of available lots, leaving developers and builders scrambling to keep up with demand.
Despite the monthly decline, year-to-date permit filings are up 18 percent over 2012. This year’s number through 11 months has already exceeded 2012’s full-year total.
Homebuilders filed roughly the same number of building permits in central Indiana last month, 300, that they did in January 2013. The severe winter weather has kept builders at bay, the Builders Association of Greater Indianapolis said.
The central Indiana home-construction industry saw a small rise in business in February, the Builders Association of Greater Indianapolis reported Tuesday.
Pricier houses are vanishing from the market faster than less-expensive homes due to a temporary bottleneck caused by rising demand and a slow recovery by builders.
Old standbys are have been replaced by new features and colors. The changes range from rooms to styles.