Affordable Housing, Community Development, Reports and Publications

CT Housing Market Declines Moderately

 

The housing market in Connecticut declined moderately in 2011, with declines of 2% and 4% year-over-year in the price of a typical single family home, according to new data released by the UConn Center for Real Estate and Urban Economic Studies. The moderate declines suggest that the market is stabilizing on its own, without the homebuyer tax credits that expired in September of 2010 and caused a rise in sales during the first three quarters of 2010.

According to the center, the market performed relatively well in the New Haven (+1.2%) and Enfield (-0.7%) markets. A town-by-town breakdown is available here.

 

 
 

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