The United States Census Bureau has released the most recent data on Indiana home building, indicating a rise for single-family construction starts for August. Single-family permits are up 8% from July 2018 when 1,497 permits were pulled and also up 8% from August of last year when 1,502 permits were pulled. Overall the state stands at a 7% total increase for the first eight months of 2018 compared to 2017. Builder confidence in the market for newly built single-family homes remains unchanged in September at 67, on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Any number over 50 indicates that more builders view sales conditions as good than poor.
October 2nd, 2018|Local News|