Homeownership costs recently doubled in major CT cities, study finds

['Abigail Brone', 'Connecticut Public', 'Ct Mirror', '.Wp-Block-Co-Authors-Plus-Coauthors.Is-Layout-Flow', 'Class', 'Wp-Block-Co-Authors-Plus', 'Display Inline', '.Wp-Block-Co-Authors-Plus-Avatar', 'Where Img', 'Height Auto Max-Width'] CT Mirror 2025-09-23 00:00:00

The income needed to buy a home in some of Connecticut’s largest cities has doubled in recent years. In Connecticut, the report analyzed what it would cost to own a home in the cities of New Haven, Hartford, New London and Bridgeport. More than 30% of tracked occupations in those cities could afford to purchase a home in 2019. By 2024 in those cities, only 6% could afford to purchase, Webb said. “There are examples of lawyers and dentists and groups of people that have extensive education and are earning high salaries that are still priced out of housing,” Webb said.