2024 Q1: Connecticut's housing crisis worsens with 9.64% home price increase, 3.5% vacancy rate, and ranked worst for renters by Consumer Affairs.

Connecticut's housing crisis continues to worsen, with home prices rising 9.64% in the first quarter of 2024, making it the 7th highest increase in the US, according to the Federal Housing Finance Agency. The state's housing supply is also limited, with a 3.5% vacancy rate, as reported by the Federal Reserve. These factors have led to Connecticut being ranked as the worst state for renters in the nation by Consumer Affairs.