U.S. construction spending rises to record level
Spending on U.S. construction projects rose 1.8% in January, helped by strong gains for home construction and government building projects.
Homebuilders
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Indianapolis-area homebuilders see huge surge in applications
Applications for home construction permits soared 34% in the Indianapolis area in February. The flurry of new applications came before the first cases of COVID-19 hit Indiana.
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Indianapolis-area homebuilders start 2020 with January surge
Applications for home construction permits in the Indianapolis area rose in January, marking the sixth monthly increase in the past seven months.
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Indianapolis-area homebuilders end 2019 with second-half surge
A big December was not quite enough to make last year’s construction pace exceed 2018’s. It was the first year since 2011 that fewer single-family building permits were filed in the area than in the previous year.
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Unexpected slow November snaps second-half surge in home-building activity
Applications for home construction fell 15 percent in November, which means Indianapolis-area builders will need a huge December to match 2018’s numbers.
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Articles
Estridge plans 17 townhomes in historic Old Northside neighborhood
According to filings with the city, the project would consist of 17 two-story town houses over two blocks along East 16th Street.
Area home builders continue to see late-year surge in demand
Single-family construction permits in the nine-county area have risen for four months in row on a year-over-year basis following seven straight months of declines.
Arbor Homes expands into Louisville market with acquisition
The deal marks Arbor’s first entry into a territory outside of central Indiana since it was founded in 1994. Arbor is the Indianapolis area’s most active home builder.
Carmel-based builder that launched during recession just keeps growing
Old Town’s sister companies are continuing to develop projects in Carmel, working on a large mixed-use development that will help transform downtown Westfield, and expanding their reach into West Lafayette, where the company is part of a $1 billion project being constructed next to Purdue University’s campus.
Area existing-home sales tick up amid declining inventories
Sales of existing single-family homes rose 1.8% in central Indiana in September—only the second month of increased sales this year on a year-over-year basis.
Indianapolis-area home builders seeing late-year surge in demand
Applications for home construction in the nine-county area have risen three months in a row following seven straight months of declines.
More than 360 homes planned for two subdivisions on southeast side of Indy
Indianapolis-based Westport Homes Inc. plans to ask the city’s Metropolitan Development Commission for approval to rezone two tracts of land for two subdivisions totaling 155 acres.
Area home builders see busiest August in 12 years
It was the second month in a row of year-over-year increases for single-family construction permit filings following seven straight months of declines.
Central Indiana home builders snap 7-month slump with big July
It was the most-active July for single-family construction permit filings since 2006, when 746 permits were filed during the month.
Central Indiana homebuilding slump reaches seven months
Applications for home construction fell 13% in central Indiana in June, marking the seventh straight month of declining permit filings.
Weather still dampening central Indiana home construction
Applications for home construction fell 1% in central Indiana in May, marking the sixth straight month of declining permit filings.
Central Indiana homebuilders see slowest March in eight years
Single-family construction permit filings have fallen for the past four months following a 14-month streak of year-over-year increases.
Fountain Square parcels cut off by I-65 get modern makeover with three new houses
The lots were among the last available spaces to nab close to the main drag in Fountain Square, a neighborhood where Fisher and his family’s business, RCA Properties LLC, already owned substantial property.
Area builders file to build fewer homes for third straight month
Last year turned out to be the busiest year for builders in more than a decade, but filings have been slowing since the fourth quarter.
Year gets off to slower start for Indianapolis-area homebuilders
A slowdown in home construction that began in central Indiana in late 2018 continued into the new year.
Indianapolis-area homebuilders end stellar year with slowdown
Despite the disappointing closing month, 2018 turned out to be the busiest year for local builders in more than a decade.
New-home applications still rising in Indianapolis area
Indianapolis-area homebuilders saw a surge in construction permits for new houses in November, marking the 14th straight month of year-over-year increases.
Area builders still seeing rising demand for homes, but pace is slowing
Indianapolis builders saw the smallest monthly increase in applications in the past year in October, and six of the area’s nine counties saw declining permit filings
Outdoor fireplaces, flex space, technology are hot trends in new homes
Thanks to Pinterest and HGTV, buyers often know just want they want when they are building a new home, experts said.