CT Homes Sales Reach 5 Year High
HARTFORD, CT) – Governor Ned Lamont said that an independent report released today showing that single-family home sale prices in Connecticut have reached their highest level in 12 years is a good indicator of a strengthening housing market and positive sign of projected overall increased economic activity. The median sale price of a single-family home in Connecticut during October 2019 was $255,000, up nearly four percent from $246,000 for the same month a year ago, according to the Warren Group, a company that collects and compiles data on real estate sales and ownership throughout New England. Single-family home transactions were up one percent in October, compared with a year earlier. The report notes that the last high for October was…