(INDIANAPOLIS) – Statewide totals for building permits issued in September show 1,447 single-family permits were pulled, according to the U.S. Census Bureau. The 1,447 permits pulled in September of 2019 are up 13 percent from the 1,277 permits pulled in September of 2018.
September permits are down 4 percent from August of 2019 when 1,531 permits were pulled. The single-family permit numbers for 2019 are down 3 percent compared to the first nine months of 2018.
“There are still positive conditions for single-family homebuilders in Indiana,” said Indiana Builders Association President Don Thieneman. “Interest in Hoosier homebuilding is still healthy; however we are still seeing challenges with meeting those needs with a construction workforce shortage and lofty regulations imposing challenges to bring products to the marketplace.”
Nationally, single-family starts increased 0.3 percent to 918,000 units. Single-family permits have increased since April, and single-family starts have posted gains since May, according to the National Association of Homebuilders. September marked the first monthly increase nationally for the number of single-family homes currently under construction since January.
The U.S. Census Bureau releases permit data monthly for the previous month’s data. October’s permit data will be released at the end of November.
About the Indiana Builders Association
The Indiana Builders Association (IBA) is a statewide trade organization representing Indiana’s home building, remodeling and light commercial construction industry. Established in 1952, IBA has 23 local affiliates and nearly 3,000 member companies across Indiana. IBA, along with its affiliates, are associated with the National Association of Home Builders in Washington, D.C. The organization works to educate its members, the general public, elected officials and regulatory bodies to maintain and develop workable and affordable regulations and laws that enable the citizens of Indiana to own a home. More information can be found at www.buildindiana.org.