1 in 10 Houses for Sale in Major CT Markets Are New
With most homeowners who might have sold in other years sitting tight, the share of newly-built homes in many Connecticut housing markets has jumped dramatically in a single year.
Rhode Island House OKs Office-to-Apartment Conversion Incentives
Rhode Island representatives overwhelmingly approved a bill Tuesday designed to make it easier to convert office buildings, schools, churches, shopping malls, mills and other commercial real estate into housing.
US Housing Construction Jumps 16.9 Percent in December
Construction of new homes surged in December to the highest level in 13 years, capping a year in which falling mortgage rates and a strong labor market helped lift the prospects of the housing industry.
At Mid-Year, Statewide Housing Permits Up 7 Percent
Halfway through 2019, Connecticut cities and towns have permitted over 7 percent more housing units than they had by the end of July 2018,
US Homebuilding Fell 4 Percent in July, Slowing Housing Market
The pace of U.S. home construction fell a sharp 4 percent in July despite strong demand from would-be buyers, held back by a shortage of skilled labor and affordable land.
New Home Sales in Northeast Down 18 Percent in May
Sales of new U.S. homes slumped 7.8 percent in May, as sales plunged in the pricier Northeastern and Western markets.
Of Construction Miscues and Mishaps
Homebuyers who expect their newly built castles to be flawless masterpieces are only fooling themselves: The perfect, zero-defect house has yet to be built. But every builder has a whopper of a story about a big mistake.
US Construction Spending Flat in April as Housing Fell
Spending on U.S. construction projects was unchanged in April as another decline in home construction was offset by a big gain in government spending on projects like highways and hospitals.
Led by Drop in New Multifamily, Housing Permits Down Statewide
New housing in Connecticut appears to be getting off to a slow start this year.
Data Show 2018 Surge in New Haven Multifamily Permits
Recent data from the National Association of Home Builders show multifamily construction in the greater New Haven area grew dramatically in 2018, while the same sector showed a large decline in Fairfield County.
