Connecticut's real estate market experienced an 8% increase in new home listings in April 2024, with the median sale price rising 13% to $373,000.
Connecticut's real estate market saw an 8% increase in new home listings in April, with the median sale price reaching $373,000 in the first four months of 2024, up 13% from the start of 2023. Real estate experts suggest that more housing options, including those in lower price ranges, are needed to address the rise in prices. The Federal Reserve's timing for interest rate cuts remains uncertain, impacting mortgage costs for borrowers.
May 11, 2024
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