CT Housing Permits Slightly Ahead of ’22
Connecticut towns and cities are slightly ahead of the tally of houses, condominiums and apartments they’d permitted during most of last year, according to new data.
Connecticut towns and cities are slightly ahead of the tally of houses, condominiums and apartments they’d permitted during most of last year, according to new data.
Connecticut ended the year with big drops in residential construction, new data from the state Department of Economic and Community Development shows.
The state saw the number of single-family homes permitted last month drop on a month-over-month and year-over-year basis.
Homebuilding and multifamily construction is headed for another banner year in Connecticut, with the number of housing units permitted through Nov. 30 up 1,222 over the same time last year.
Housing starts in August saw a modest monthly decline, while building permits made significant gains.
U.S. homebuilding unexpectedly fell in April amid a persistent decline in the construction of multifamily housing units and a modest rebound in single-family projects, pointing to a slowdown in the housing market recovery.
U.S. homebuilding fell more than expected in March as the construction of single-family homes in the Midwest recorded its biggest decline in three years, but an increase in building permits suggested the housing market recovery remained intact.
U.S. housing starts fell more than expected in August as building activity declined broadly after two straight months of solid increases, but a rebound in permits for single-family dwellings suggested demand for housing remained intact.
Construction of Connecticut single-family homes and multifamily properties declined in June, according to the latest housing permit data.