connecticut housing market: prices, trends, forecast 2024

connecticut housing market: prices, trends, forecast 2024

The current trends suggest that the Connecticut housing market leans towards being a Seller's Market. With a surge in home prices, high competition, and a limited inventory, sellers hold an advantageous position in negotiations.

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CT house prices rose 10% in a year. will they ever drop?

CT house prices rose 10% in a year. will they ever drop?

Connecticut saw the fourth-highest rate of house price increases in the country since the third quarter of last year, a lasting impact from dwindling inventory that real estate agents say is unlikely to change in the near future.

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the current state of colorado's real estate market

the current state of colorado's real estate market

The largest single factor continuing to impact Colorado’s housing market is the upward trend in interest rates, percentage points that have not been seen in for decades.

Colorado’s statewide housing sales report for September showed higher mortgage interest rates are complicating what is traditionally a slower buying and selling season, not only in the Denver metro area, but across the state, according to the Colorado Association of Realtors report.

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demand is soaring in westchester’s housing market

demand is soaring in westchester’s housing market

Westchester continues to experience sale declines due to record-low inventory, according to Houlihan Lawrence‘s Q3 market report. As the Westchester housing market fails to meet buyers’ needs, both home sales and pending contracts have diminished. According to the report, home sales in Westchester were down 20% while median sale price went up 6.7%

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connecticut housing market 2023: trends & house prices

connecticut housing market 2023: trends & house prices

With tight inventory levels and still-high prices, the Connecticut housing market shares many similarities with the national market. Here’s a closer look at Connecticut’s current real estate trends and where the market might go for the rest of 2023.

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fairfield county is experiencing pandemic building boom. it's not expected to end anytime soon

fairfield county is experiencing pandemic building boom. it's not expected to end anytime soon

During the COVID-19 pandemic, from 2020-22, more than 3,900 new apartments were built in Fairfield County as a result of the so-called “pandemic building boom. “ The highest number of new rental units were added to the market last year and it’s a trend that is expected to continue into next year

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the hottest U.S. housing markets

the hottest U.S. housing markets

Much of the housing market remains frozen in place as mortgage rates trend up and existing homeowners remain reluctant to give up their sub-4% interest rates. This means a "hot" market today is more likely one that has returned to the basic fundamentals of demand, supply and relative affordability.

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well-priced inventory is low: new york real estate in Q2 2023

well-priced inventory is low: new york real estate in Q2 2023

During the second quarter of 2023, New York City’s real estate market has been as volatile as our stock market. While the market for ultra-luxury apartments, both condo and co-op, has remained slow, the smaller units, which were having a run in April and much of May, have now sunk into the doldrums as well.

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not so hot july: low inventory, interest rates keep colorado housing market calm

not so hot july: low inventory, interest rates keep colorado housing market calm

The latest Market Trends Housing Report from the Colorado Association of Realtors shows the single-family home inventory in the seven-county Denver metro area dropped 3% between June and July and is 28% lower than in July 2022.

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metro denver homes sales market volume dives 30% in a year

metro denver homes sales market volume dives 30% in a year

While May provided some bright spots for metro Denver’s home sales market — namely more new listings than April for buyers to choose from — the market still “feels off,” according to the Market Trends Report released by the Denver Metro Association of Realtors Saturday.

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