STRENGTH, PERSISTENCE & PARTNERSHIP

It’s hard to ignore the talks about a “building slump,” “lagging demand” and, of course, the dreaded “r” word in recent headlines.

However, as an association, we remain optimistic as the housing market demand continues to be higher than the supply, keeping new home construction critical to close the gap. And we’re seeing the market conditions stabilize – with permit numbers returning to pre-pandemic levels seen in 2019.

Based on this and the positive housing market fundamentals, we maintain the belief that we will not experience the “housing bubble burst” that some in the media are reporting. Indianapolis has historically been a market that has seen steady home price growth, which we are still seeing happen today.

I am proud of our association and the strength, persistence, and partnership we have and continue to illustrate. Together, we can not only offer the best service and products to Central Indiana, but also provide hopeful Hoosiers with the ability to obtain their goal of owning a home.

As we enter the second half of 2023, let’s work together to make sure our voices are heard and that we continue to grow and thrive!