01 Oct August permit numbers up 16% from August of 2023; Up 19% from July of 2024; Up 21% for first eight months of 2024
INDIANAPOLIS (October 1, 2024) – The U.S. Census Bureau has released its statewide building permit report for August 2024, revealing a significant uptick in single-family housing permits across Indiana. According to the data, 2,013 permits were issued in August, a 16% increase from the 1,738 permits pulled in August 2023.
This number is also up 19% from July of 2024, when 1,687 permits were pulled. Year-to-date, Indiana has seen 13,738 single-family housing permits in 2024— a 21% increase compared to the first eight months of 2023, which saw 11,370 permits.
Indiana Builders Association President Kenny Reinbrecht commented on the trend, “Seeing a consistent rise in single-family housing permits is a promising indicator for Indiana’s housing market. As more homes are built, we can help balance demand and reduce the pressure on housing costs, making homeownership more attainable for Hoosier families.”
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