INDIANAPOLIS, Ind. — Single-family building permits in Indiana increased 32 percent in January compared to the same time last year according to the latest data from the U.S. Census Bureau and the Department of Housing and Urban Development.
Permits increased 12 percent in January over the previous month.
In January 2017, there were 868 single-family building permits issued compared to 658 in 2016.
Builder confidence in the market for newly built single-family homes declined two points in February to 65 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.
