Connecticut Capital Migration (2022)

In 2022, 98% of the capital invested in Connecticut multifamily assets originated from out of state.
63%
of the overall capital flowed from out of state metropolitan areas such as New York*
14%
Avg $/Unit has $179,182 risen due to this extra activity

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.

*Data aggregated for multifamily sales in Connecticut from January 1, 2022 to Dec 31, 2022

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.

FAQS

Let’s stay in touch

Thank you! You’ve been added to our Newsletter
Oops! Something went wrong while submitting the form.