How Far Has Housing Affordability Fallen in CT?
A new report from First American Financial Corp. suggests that housing affordability in Connecticut fell sharply in March.
A new report from First American Financial Corp. suggests that housing affordability in Connecticut fell sharply in March.
Even as mortgage interest rates began to climb back from historic lows in February and the state’s single-family home prices jumped 22 percent, Greater Hartford area homebuyers saw their ability to buy homes improve.
U.S. home prices increased at the fastest pace in seven years in January as the pandemic has fueled demand for single-family houses even as the supply for such homes shrinks.
According to new research from First American Financial Corp., local house prices could comfortably rise even further thanks to low interest rates.