Connecticut’s rental market was strong in the Hartford, New Haven and Fairfield County metro areas in November, as asking sale prices for houses failed to show a rebound from a year ago, according to a new report today from Trulia.
Rents rose the most in New Haven, where they climbed 6.7 percent compared with November of last year. Hartford saw a 3.3 percent increase over the same period, with Fairfield Country registering a 2.9-percent rise.
Asking sale prices fell in all three metro areas compared with a year ago, with New Haven seeing the biggest slide, at 3.3 percent. Hartford and Fairfield County both saw a 1.8 percent decline.
Nationally, rents rose 5.6 percent, compared with a year earlier, while asking sale prices rose 3.8 percent in the same period.
See Trulia’s full report here.
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One Response to Report: Connecticut Rental Market Strong In November
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Why did rents rise when peoples salaries didnt? Simply because the rich who own the buildings felt entitled and no law prevents them from doing so.