August 27, 2012

CT new home construction grows in July

The pace of new home construction continues to accelerate in Connecticut, as new housing permits grew by nearly 45 percent, state figures show.

Connecticut municipalities issued 375 new housing permits in July, compared to 258 in the year-ago period.

With the new housing units authorized in July, the year-to-date total reached 2,092 units, putting Connecticut well ahead of last year's new home construction pace by 39 percent, when 21,508 permits were issued, according to data released Thursday by the state Department of Economic and Community Development.

Permits are issued for single-family houses, condominiums and apartment units.

The data from DECD includes housing permits issued from 128 of the 169 municipalities in Connecticut.

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