The Connecticut market is driven by a strong job market, high income levels, and a desirable quality of life, which has resulted in low vacancy rates and increasing rental rates for multifamily and single-family properties. The real estate market in Connecticut is expected to remain strong and experience continued growth in the coming years, particularly in areas such as Stamford and Hartford.
Based on 98% of the capital invested in Connecticut multifamily assets originating from out of state and a 14% Avg $/Unit increase due to this extra activity, Connecticut is a good market to invest in. To get this information in a one-page summary, click here.