New House Construction In CT Shows Strength In April

by Categorized: Uncategorized Date:

The spring home buying season in Connecticut is being marked by an uptick in sales — and eye-catching strength in the construction of single-family houses.

In April, towns and cites in the state approved permits for 337 new single-family houses, condominiums and apartment units, a new report today from the state Department of Economic and Community Development based on Census data shows.

The largest portion — 264, or 78 percent — were for new single-family houses. That’s the largest percentage of single-family house construction compared with all categories together for any month in the past year.

Realtors say the lack of new, single-family houses coming on the market is constraining the inventory of attractive residential properties that are being sought by house hunters.

The total number of permits for April is up 52 percent, from 223 for the same month a year ago.

Through the first four months of the year, a total of 1,118 housing units were authorized by municipalities, compared with 999 for the same period last year. That puts the state on a pace to exceed construction levels of 2012, which was the strongest in four years.

Even so, construction is still far below 2004, when the same four-month period garnered nearly 2,800 permitted residential units.

Each month, the state reports on residential permit activity based on a Census survey of 128 towns and cities in Connecticut. Once a year, the Census collects annual numbers from all 169 towns. Though a smaller sample, the monthly totals have historically reflected the results of the annual Census count.

The Courant is using Facebook comments on stories. To comment on courant.com 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.

2 thoughts on “New House Construction In CT Shows Strength In April

Comments are closed.