Building Permits Press Release | BAGI

Homebuilders End 2022 Strong Despite Decrease in Permit Numbers 

INDIANAPOLIS (January 20, 2023) – The Builders Association of Greater Indianapolis (BAGI) announced that Central Indiana’s nine-county area experienced an overall decrease in homebuilding permit activity in 2022 which will begin to stabilize in 2023. Central Indiana issued 7,992 total permits in 2022, with 385 issued in December. Despite overall lower permit numbers in 2022, […]

Building Permits Press Release | BAGI

Builders Remain Busy Despite November Permit Numbers 

INDIANAPOLIS (December 16, 2022) – The Builders Association of Greater Indianapolis (BAGI) continues to see a regression in homebuilding permit activity as the year comes to an end, with 7607 permits issued from January to November, compared to 9598 permits issued in the same time period last year. Central Indiana single family building permits down […]

Building Permits Press Release | BAGI

Builders Not Discouraged by October Permit Numbers

INDIANAPOLIS (November 21, 2022) – The Builders Association of Greater Indianapolis (BAGI) continues to complete home projects as annual building permit activity falls by 18 percent. According to BAGI, in October 457 permits were processed compared to 845 in October of 2021. “These numbers are not surprising or discouraging,” said Steve Lains, CEO of the […]

Nine County Market Annual permits 2005 | BAGI

Central Indiana building permit numbers down, expert discusses home prices

INDIANAPOLIS — New data from the Builders Association of Greater Indianapolis (BAGI) shows homebuilding permit numbers are down across several Central Indiana counties compared to this time last year. Data from BAGI shows permits dropped during the 2008 recession and have been rebounding ever since. During COVID-19 in 2020 and 2021, permit numbers reached levels […]

Building Permits Press Release | BAGI

Builders Remain Positive Amidst September Permit Numbers

INDIANAPOLIS (October 20, 2022) – The Builders Association of Greater Indianapolis (BAGI) continues to see a regression in homebuilding permit activity heading into the fall, with 500 permits issued last month compared to 744 in September of 2021.  September’s permit numbers relay a 16 percent decrease in permits compared to August’s 14 percent decrease, but […]

Building Permits Press Release | BAGI

Economic Factors Offsetting Consumer Demand Continues Trend of Lower Permit Numbers

INDIANAPOLIS (June 17, 2022) –  The Builders Association of Greater Indianapolis (BAGI) has announced that in Central Indiana’s nine-county area, single-family building permits are down just 8% over May 2021, with 893 permits issued last month compared to 967 the year prior.  However, according to Drake Branda, Director of Government Affairs at BAGI, lower permit […]

Building Permits Press Release | BAGI

Current Buyer Sentiments, Housing Affordability Contribute to Low Permit Numbers

INDIANAPOLIS (May 20, 2022) – Rising interest rates, overall inflation and a volatile stock market has led the Builder’s Association of Greater Indianapolis (BAGI) to see a 24% decrease in single-family building permits in Central Indiana’s nine-county area from last year’s numbers. 801 permits were issued last month compared to 992 in April 2021. Jeff […]

Building Permits Press Release | BAGI

Limited Lot Inventory, High Demand Continue Trend of Lower Permit Numbers

INDIANAPOLIS (April 21, 2022) – A limited quantity of available lots, ongoing supply issues, project backlog and a strong, continued demand for new homes has led the Builders Association of Greater Indianapolis (BAGI) to see a 17% decrease in single-family building permits in Central Indiana’s nine-county area. 933 permits were issued last month compared to […]

Building Permits Press Release | BAGI

High Demand, Low Supply Leads to Decreased Permit Numbers

NDIANAPOLIS (March 18, 2022) – The Builders Association of Greater Indianapolis (BAGI) has announced that in Central Indiana’s nine-county area, single-family building permits are down 15% over February 2021, with 669 permits issued last month compared to 818 the year prior. The association stated this is more of an ongoing and increasing supply issue and […]

Building Permits Press Release | BAGI

Building Permits Reflecting National Trend, Leveling Out to Pre-COVID Numbers

INDIANAPOLIS (April 26, 2023) – The Builders Association of Greater Indianapolis (BAGI) reports that building permits in the Indianapolis area are reflecting a nationwide trend of returning to pre-pandemic levels, with 671 permits issued in March throughout the nine counties. “March continues the trend of a slow return to permit numbers that reflect the pre-pandemic […]

Building Permits Press Release | BAGI

Building Permits in Central Indiana Increase 49% in October

INDIANAPOLIS (November 28, 2023) – The Builders Association of Greater Indianapolis (BAGI) has released its October permit breakdown, which indicates interest in new home purchases remains steady. For the fifth month in a row, permit releases in Central Indiana are up compared to this time last year. “According to permits, interest in new construction is […]

Building Permits Press Release | BAGI

Central Indiana Building Permits Continue to Rise with a 59 Percent Increase 

INDIANAPOLIS (October 24, 2023) – The Builders Association of Greater Indianapolis (BAGI) has released its September permit breakdown, and for the fourth month in a row, it shows a steady increase of interest in new home purchases.  “Permits show that the level of interest in new construction remains steady.  We expect to see positive permit […]

Building Permits Press Release | BAGI

BAGI Sees 6 Percent Increase in Central Indiana Building Permits Over Last Year

INDIANAPOLIS (August 17, 2023) – The Builders Association of Greater Indianapolis (BAGI) has released its July permit breakdown, which illustrates the rebound in consumer homebuilding interest as Central Indiana saw a six percent increase in permits issues compared to this time last year. The association’s report also includes a correction from June’s permit file, which […]

Building Permits Press Release | BAGI

Local Homebuilder Association Sees Permit Activity Rise in Central Indiana

INDIANAPOLIS (July 21, 2023) – The Builders Association of Greater Indianapolis (BAGI) has released its June permit breakdown, showing just a two percent decrease across the nine-county area from June 2022 and aligning with the rebound in consumer interest and purchases seen at the end of 2022. BAGI CEO Steve Lains explained that permits act […]

new-home-construction-frame-lumber

Building Permits Comparable to Pre-Pandemic Levels, Increasing Across U.S.

Despite last month’s single-family building permits being down 39% compared to February 2022, The Builders Association of Greater Indianapolis (BAGI) remains optimistic as homebuilding activity rises across the nation and returns to numbers seen at this time in 2019.   Central Indiana’s nine-county area saw 425 permits in February, which is near the 465 permits recorded […]

Building Permits Press Release | BAGI

Homebuilding Industry Remains Strong Despite Permit Decline

INDIANAPOLIS (September 21, 2022) – The Builders Association of Greater Indianapolis (BAGI) continues to see a regression in homebuilding permit activity this summer, with 603 permits issued last month compared to 756 in August of 2021. Central Indiana permits down 14 percent year-over-year. Despite the lower permit numbers, local homebuilders and suppliers remain busier than […]

Building Permits Press Release | BAGI

Central Indiana Homebuilding Sales Remain Strong Despite Permit Decline

INDIANAPOLIS (July 20, 2022) – The Builders Association of Greater Indianapolis (BAGI) continues to see a decline in Central Indiana’s permit activity, with 850 permits issued last month compared to 1034 in June 2021. Central Indiana permits down 13 percent year-over-year. Despite the lower permit numbers, local homebuilders and suppliers remain busier than ever, as […]

Building Permits Press Release | BAGI

Central Indiana Home Building Permits Down 18 Percent from January 2021

INDIANAPOLIS (February 23, 2022) – The Builders Association of Greater Indianapolis (BAGI) has shared the first permit numbers for 2022, showing that Central Indiana’s nine-county area, saw an 18% decrease in single-family building permits, with 636 permits in January 2022 compared to 772 permits last year. Central Indiana saw an 18% decrease in single-family building permits “We are […]

Building Permits Press Release | BAGI

Local Home Builders Ended 2021 Strong, Permits up 20% over 2020

INDIANAPOLIS (January 24, 2022) – The Builders Association of Greater Indianapolis (BAGI) has shared the final permit numbers for 2021, showing that in Central Indiana’s nine-county area, single-family building permits were up 6 percent over December 2020, with 832 permits this December compared to 788 permits last year. This brings 2021’s permit total to 10,430, which is a […]

Building Permits Press Release | BAGI

Home Builders Ending 2021 Strong, Permits Up 22% Over 2020

INDIANAPOLIS (December 20, 2021) – The Builders Association of Greater Indianapolis (BAGI) announced that in Central Indiana’s nine-county area, single-family building permits were up 3% over November 2020, with 714 permits this November compared to 695 permits last year. Single-family building permits up 3% from November 2020. “After three months of slower permit activity, the uptick in numbers aligns […]

Building Permits Press Release | BAGI

Home Building Permits Continue Decline, Construction Activity Still Surges

INDIANAPOLIS (November 23, 2021) – For the third straight month, the Builders Association of Greater Indianapolis (BAGI) saw a drop in single-family building permits month, down 7% from October 2020. Overall permit numbers for 2021 are still up over last year, with 8884 permits this year compared to 7186 permits at this time last year. Single-family building permits down 7% […]

Building Permits Press Release | BAGI

Building Permits Fall for Second Straight Month, Homebuilding Still Booming

Building Permits Fall for Second Straight Month, Homebuilding Still Booming INDIANAPOLIS (OCTOBER 21, 2021) – The Builders Association of Greater Indianapolis (BAGI) saw its second consecutive drop in single-family building permits in September, down 9% from September 2020. Despite the slowdown, the nine-county area still holds a 28% cumulative increase over 2020, with 8039 permits so far in 2021 […]

Building Permits Press Release | BAGI

Building Permits Slow in August, Still Up 34% From 2020

INDIANAPOLIS (SEPTEMBER 21 2021) – The Builders Association of Greater Indianapolis (BAGI) saw its first drop in single-family building permits in August, down 2% from August 2020. However, the nine-county area has a 34% cumulative increase over 2020, with 7295 permits so far this year compared to 5463 at this time last year.    Single-family building permits are up 34% year […]

Building Permits Press Release | BAGI

Homebuilding Still Booming, Single-Family Building Permits Up 39% From 2020

INDIANAPOLIS (AUGUST 24, 2021) – The Builders Association of Greater Indianapolis (BAGI) announced that in Central Indiana’s nine-county area, single-family building permits have a 39% cumulative increase over 2020, with 6539 permits so far this year compared to 4692 at this time last year.    Single-family building permits are up 39% year over year. “While the growth was not as large in July as we […]

Building Permits Press Release | BAGI

Single-Family Building Permits Continued Climb in June

INDIANAPOLIS (July 20, 2021) – The Builders Association of Greater Indianapolis (BAGI) announced that in Central Indiana’s nine-county area, single-family building permits are up 33% over June of 2020 with 1034 permits compared to 779 the year prior, yielding a 46% cumulative increase year over year. Single-family building permits are up 33% over June of 2020. “With material […]

Building Permits Press Release | BAGI

Single-Family Building Permits Continue Climb in May

INDIANAPOLIS (June 22, 2021) – The Builders Association of Greater Indianapolis (BAGI) announced that in Central Indiana’s nine-county area, single-family building permits are up 48% over May of 2020 with 967 permits compared to 655 the year prior, yielding a 49% cumulative increase year over year. Single-family building permits are up 48% over May of 2020 “With lumber […]

Building Permits Press Release | BAGI

September Spike in Single-Family Building Permits

Indianapolis, IN –  The Builders Association of Greater Indianapolis (BAGI) announced that in the Greater Indianapolis nine-county area, single-family building permits saw a 45% increase last month with 819 permits compared to 565 in September 2019.  Year over year, 2020 permits remain robust at a 15% increase over last year at this time. “The market […]

Building Permits Press Release | BAGI

Single-Family Building Permits Hold Strong in July

Indianapolis, IN –  The Builders Association of Greater Indianapolis (BAGI) announced that in the Greater Indianapolis nine-county area, single-family building permits were up 12% last month with 775 permits compared to 695 in July 2019.  Year over year, 2020 permits continue to hold strong at a 12% increase over last year at this time.   […]

Building Permits Press Release | BAGI

Single-Family Building Permits Show Dip in May

Indianapolis, IN –  The Builders Association of Greater Indianapolis (BAGI) announced that in the Greater Indianapolis nine-county area, single-family building permits dip 12% with 654 permits compared to 740 in May 2019.  2020 permits for the year remain up 11% over last year at this time. “Permit numbers tend to be a lagging indicator of […]

Building Permits Press Release | BAGI

PRESS RELEASE: Strength in March Single-Family Building Permits

FOR IMMEDIATE RELEASE April 15, 2020 Strength in March Single-Family Building Permits Indianapolis, IN –  The Builders Association of Greater Indianapolis (BAGI) announced that in the Greater Indianapolis nine-county area, single-family building permits are up 20% with 680 permits compared to 566 in March 2019.  Thus far in 2020, permits have increased by 24% over […]

Building Permits Press Release | BAGI

It’s All About Demand

INDIANAPOLIS (July 24, 2024) – The Builders Association of Greater Indianapolis (BAGI) just released its June permit breakdown. Permits are up 29% year-over-year and demand remains strong. The Builders Association of Greater Indianapolis (BAGI) reports another month of increased new single-family home permits for Central Indiana. While interest rates are not coming down and home price […]

Building Permits Press Release | BAGI

Growth in Central Indiana Housing Market Slows Mid-Quarter to 11% Year Over Year

INDIANAPOLIS (June 21, 2024) – The Builders Association of Greater Indianapolis (BAGI) just released its May permit breakdown. Indiana’s new construction housing market started off the year with tremendous growth of 77% compared to the previous year. By May, there was only 11% growth compared to the previous year, with 837 single-family home permits issued […]

Building Permits Press Release | BAGI

Growth Trend Continues in Central Indiana Housing Market in 2nd Quarter

INDIANAPOLIS (May 23, 2024) – The Builders Association of Greater Indianapolis (BAGI) just released its April permit breakdown, which shows a tremendous growth trend across much of the Association’s Central Indiana service area. Comparing April 2023 to April 2024, the Indianapolis metro area housing market experienced a 37% increase, year over year, in the number […]

Building Permits Press Release | BAGI

Central Indiana Housing Market Experiences Strong Start to Second Quarter

INDIANAPOLIS (April 20, 2024) – The Builders Association of Greater Indianapolis (BAGI) just released its March permit breakdown, which shows that the Central Indiana housing market will experience a strong start to the second quarter after seeing a 46% increase, year over year, in the number of permits issued for new single-family homes. The industry […]

BAGI State of the Industry

Spring Market Update: Tremendous Growth Kickstarts New Year on a Positive Note

At BAGI, we understand the importance of keeping abreast of changing trends and conditions in the new home construction industry. We find that being proactive is the best way to prepare our members to weather market upsets and overcome challenges while also helping prospective home buyers on their journey to homeownership during these uncertain economic […]

Building Permits Press Release | BAGI

Central Indiana’s Housing Market Experiencing Continued Overall Growth in Early 2024

INDIANAPOLIS (March 26, 2024) – The Builders Association of Greater Indianapolis (BAGI) just released its February permit breakdown, which shows that the market’s growth trend start to the year is more than a one-off phenomenon. After kicking off the year with tremendous and atypical growth, the latest permit report shows a 49% increase year-over-year in the […]

Building Permits Press Release | BAGI

Central Indiana’s Single-Family Housing Market Kicks Off 2024 On A High Note

INDIANAPOLIS (February 28, 2024) – The Builders Association of Greater Indianapolis (BAGI) just released its January permit breakdown, which shows tremendous and atypical growth in the single-family housing market over December and January. After amending the January report to include 15 additional permits issued in the Town of Danville, BAGI is pleased to report that […]

Building Permits Press Release | BAGI

Demand for Single-Family Homes Steady As Home Builders Enter 2024

INDIANAPOLIS (January 24, 2024) – The Builders Association of Greater Indianapolis (BAGI) just released its December permit breakdown, which shows that demand for single-family homes remained largely steady in BAGI’s service area, with most counties experiencing an uptick in the number of permits issued toward the end of 2023. Overall, there were 524 permits issued […]

Building Permits Press Release | BAGI

Overall Demand for Single-Family Homes Remains Steady in Central Indiana

INDIANAPOLIS (December 21, 2023) – The Builders Association of Greater Indianapolis (BAGI) just released its November permit breakdown. The report indicates steady demand overall and continued increase in demand for new single-family homes in certain parts of Central Indiana. In the 9-county area BAGI serves, 587 permits were issued for single-family builds in November. This […]

Building Permits Press Release | BAGI

Homebuilder Confidence on the Rise About Current Housing Market

INDIANAPOLIS (February 22, 2023) – The Builders Association of Greater Indianapolis (BAGI) has shared the first permit numbers for 2023, showing that Central Indiana’s nine-county area saw a 41% decrease in single-family building permits, with 389 permits in January 2022 compared to 662 permits last year. Although the decrease in permit numbers has continued into the […]

First Time Tips for Home Building and What to Expect

New home construction ‘steady,’ but not enough to meet demand

According to the Builder’s Association of Greater Indianapolis (BAGI), new home building permits in December were up 36% overall compared to last year. INDIANAPOLIS — New numbers show steady demand for newly-built homes in central Indiana, but still not enough to meet demand. According to the Builder’s Association of Greater Indianapolis (BAGI), new home building […]

Indianapolis homebuilding construction industry news

State of the Industry – Fall 2023

Fall Market Update: Navigating Opportunities and Challenges in the Homebuilding Industry As long-standing members of the homebuilding industry, we understand the importance of staying informed about the latest trends and data that impact our businesses. This update provides valuable insights into the current market conditions and the opportunities and challenges that lie ahead. Market Trends […]

Building Permits Press Release | BAGI

Navigating the Current Building Landscape: BAGI’s State of the Industry

INDIANAPOLIS (AUGUST 16, 2022) – The Builders Association of Greater Indianapolis (BAGI) has released its August 2022 State of the Industry letter, discussing the recent home construction and purchase slowdown, sharing insight into current home building issues that are affecting the market and encouraging consumers to be a part of the conversation to address issues and find […]

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