Indy-area homebuilders see April dip in permit applications
In an up-and-down year so far, single-family building permit filings in the Indianapolis area are still slightly ahead of 2025’s pace.
Read MoreIn an up-and-down year so far, single-family building permit filings in the Indianapolis area are still slightly ahead of 2025’s pace.
Read MoreHomebuilders in central Indiana saw a rise in applications for new homes in March and are ahead of last year’s pace through the first quarter, according to the latest statistics from the Builders Association of Greater Indianapolis.
Read MoreLennar Homes of Indiana on Tuesday introduced plans to the Noblesville Common Council for a 300-home development with a garden sanctuary and a 200-home gated community with an indoor pickleball facility.
The slowdown in applications for new homes came after two months of increases, according to the latest statistics from the Builders Association of Greater Indianapolis.
After homebuilders held the line in 2025, the increase in January could indicate that central Indiana is weathering the financial headwinds hampering the national market.
In partnership with the Lennar Foundation — the philanthropic arm of Miami, Florida-based Lennar Corp. — the one-semester program is designed to give students a pathway to immediate employment in the construction industry.
Supporters say state action is needed to boost housing supply, but critics question whether the bill will actually lower costs.
The Rollingwood development, presented to the Noblesville Common Council on Tuesday, would include ranch and two-story homes ranging from 2,200 to 4,200 square feet each.
The jump in December helped snap a four-month streak of falling numbers and pushed the entire year into positive territory.
Indiana lawmakers are considering legislation to lower houses costs by removing restrictions from the permitting process. Local governments worry the measure takes decision-making power away.
The year-over-year decline was the sixth during the first 11 months of 2025 following a streak of 20 straight months of rising applications.
The Department of Business and Neighborhood Services will more than double the cost for some permits next year, including those for building a new home or commercial structure in Indianapolis.
Members of the Zionsville Town Council voted 6-1 to approve the Courtyards of Heritage Trail by Ohio-based Epcon Communities.
Only three of the area’s nine counties saw increases in filings, including Hamilton County, which broke a six-month streak of declines.
The year-over-year decline in single-family building permits was the first since March in the nine-county area.
Hancock, Boone and Hendricks experienced significant increases in single-family building permits.
Single-family building permits in the nine-county area have increased in three of the first five months of 2025 on a year-over-year basis.
After a slow start to the year, central Indiana builders saw filings for new homes jump last month.
The development called Parks at Crossroads would be D.R. Horton’s first subdivision in Noblesville.
The National Association of Home Builders projected that current tariffs could raise the cost to build a single-family house in the United States $7,500 to $10,000.
Meanwhile, the Builders Association of Greater Indianapolis this week welcomed its first new CEO in 29 years.
Single-family building permit filings in the nine-county area had risen on a year-over-year basis for 19 straight months prior to January.