The Indianapolis market includes the following counties: Boone, Hamilton, Hancock, Hendricks, Johnson, and Marion.

Indianapolis News

INDIANAPOLIS HOUSING 3Q15: Starts at Highest Levels Since 2004/2005 Boom, But Low Inventory Could Restrict Continued Upward Growth Trend

New Home Starts in 2Q15 and 3Q15 had highest 6-month total since 2004/2005 boom years Most markets saw construction activity increase in the first nine months of 2015, with Marion County up 25.2% from the same period last year Rapidly shrinking supply of “A” and “B” lots in the marketplace could inhibit demand in 2016 …

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Housing Market Closes Out 2014 Strong; Lot Location May be Key to 2015 Growth

Despite a 3.5% Decline in New Home Starts YoY, 4Q14 starts were up 10.5% over 4Q13 Builders have been fairly aggressive about closing out inventory to position themselves for 2015 Builders and developers are both feeling the squeeze from a lack of quality lots in desirable locations, leading to more acquisition and development activity February …