Report: Connecticut Rental Market Strong In November

by Categorized: Uncategorized Date:

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.



The Courant is using Facebook comments on stories. To comment on articles, sign into Facebook and enter your comment in the field below. Comments will appear in your Facebook News Feed unless you choose otherwise. To report spam or abuse, click the X next to the comment. For guidelines on commenting, click here.

One thought on “Report: Connecticut Rental Market Strong In November

  1. L

    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.

Comments are closed.