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

Indianapolis News

INDIANAPOLIS HOUSING 4Q18: New Home Starts Up Year Over Year – Builders Focus on Delivering Affordable Product in a Lot-Challenged Market

Annual new home starts in 2018 were up 8.5% over 2017 numbers; annual closings were up 5.5% YoY. Quarterly new home starts were up 8.5% YoY, and quarterly closings were up 9.5% from 4Q17 levels. Builders continued their focus on delivering homes priced under $300K; this building activity poises the market favorably to endure anticipated …

INDIANAPOLIS HOUSING 3Q18: Marginal Growth Expected Through 2019; Growth Potential Capped by Tight Resale Supply & Low Lot Inventory

3Q18 annual new home starts are up 8.3% YoY; annual closings are up 5.4% YoY Land and development cost increases show no signs of slowing, and tight resale supply and dwindling VDLs continue to cap this market’s growth potential. Marginal growth in the Indianapolis new home market is expected through 2019 as builders and developers …

INDIANAPOLIS HOUSING 2Q18: New Home Starts Return To Solid Growth; Tight Lot Supply Continues to Constrain New Construction

2Q18 Quarterly New Home Starts are up 22.2% YoY; Annual Starts are up 9.5% YoY 2Q18 marked the lowest volume of finished and vacant inventory since the Great Recession; Low lot supply has created headwinds for new homebuilders, keeping growth artificially low. Underlying economic factors for housing growth remain healthy in the Indianapolis market; Metrostudy’s …