Labor Market Information - Connecticut Housing Trends

Labor Market Information - Connecticut Housing Trends

Housing Permits, Construction Employment, Conventional Mortgage Rate - CT Housing Trends

Last Updated: May 21, 2020

Month	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Jan	545	529	517	101	165	133	154	263	533	264	154	317	342	278
Feb	674	372	260	209	188	114	410	253	180	125	421	175	470	310
Mar	960	538	467	208	277	267	249	607	249	492	576	398	321	491
Apr	781	779	381	339	346	234	249	364	336	424	380	253	290	721
May	952	808	529	237	256	228	358	488	433	776	368	402	383	341
Jun	943	742	767	421	247	418	792	398	1,317	571	504	360	413	336
Jul	807	846	445	473	296	276	402	456	327	696	285	430	494	435
Aug	718	682	333	235	239	250	611	902	419	304	357	489	349	376
Sep	802	553	440	227	398	441	456	328	463	512	631	434	269	478
Oct	812	582	481	363	293	187	592	544	433	674	524	561	439	1,136
Nov	627	638	578	252	300	270	369	290	250	533	245	369	354	561
Dec	640	396	171	269	215	253	569	331	305	509	226	299	525	444

Month	1987	1988	1989	1990	1991	1992	1993	1994	1995	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005
Jan	1,320	1,443	927	1,152	256	518	413	370	566	315	427	737	749	803	849	601	629	718	651
Feb	1,231	1,142	580	431	306	334	549	300	323	385	520	647	518	508	706	633	454	532	547
Mar	2,740	2,264	893	601	418	754	518	570	721	593	911	747	1,105	859	561	762	600	933	886
Apr	3,796	1,998	939	641	671	777	834	839	1,032	660	1,036	928	1,026	771	779	1,061	856	1,000	907
May	2,601	1,769	1,134	969	788	696	701	950	735	846	836	1,051	886	863	841	957	916	875	1,107
Jun	2,531	1,831	1,889	645	791	740	1,068	1,173	709	684	886	1,203	1,230	844	793	782	1,143	1,253	1,192
Jul	2,597	1,782	1,010	717	823	833	809	1,169	674	764	871	1,297	977	898	910	927	928	1,116	983
Aug	2,247	1,618	1,134	583	654	737	802	930	934	710	792	976	991	777	1,055	811	850	1,078	1,055
Sep	2,184	1,640	941	578	753	767	707	852	726	717	740	984	894	751	598	773	893	1,113	1,151
Oct	2,244	1,664	1,479	783	1,111	800	1,078	801	727	746	852	1,025	747	776	820	924	1,121	907	841
Nov	1,919	1,327	808	540	580	754	771	812	629	683	561	817	1,023	863	706	771	766	1,485	1,147
Dec	2,005	1,069	876	412	594	549	719	728	598	589	622	1,129	648	598	636	605	829	899	1,010



	Download Connecticut Housing Permits 1982-Current

Month	2010	Y/Y	2011	Y/Y	2012	Y/Y	2013	Y/Y	2014	Y/Y	2015	Y/Y	2016	Y/Y	2017	Y/Y	2018	Y/Y	2019	Y/Y	2020	Y/Y	2021	Y/Y	2022	Y/Y	2023	Y/Y	2024	Y/Y
Jan	48,600		50,200		51,900		52,600		53,400		56,800		59,600		58,500		57,800		60,000		58,800		58,600		60,700		63,100		61,700
Feb	47,900		50,700		52,000		52,800		53,900		57,000		59,300		58,300		58,200		59,900		59,200		58,500		61,100		62,700		62,700
Mar	47,900		50,500		51,900		52,900		53,700		56,700		60,000		58,100		57,900		59,600		59,300		58,900		61,500		62,500		63,700
Apr	50,500		51,400		51,200		53,200		54,900		57,500		59,700		58,200		57,800		60,300		49,300		58,900		61,700		62,300
May	50,400		51,500		50,700		53,400		55,400		58,100		59,200		58,400		58,300		60,000		53,800		58,900		61,100		62,100
Jun	50,400		51,800		50,900		53,500		55,700		58,400		59,000		58,600		58,600		59,700		55,900		59,000		60,700		62,000
Jul	50,400		51,900		50,900		53,700		56,000		57,900		59,100		58,500		58,700		59,900		56,600		59,400		60,700		62,000
Aug	50,500		51,800		51,100		53,800		56,300		57,800		59,200		58,400		59,000		59,800		57,400		59,600		60,900		62,000
Sep	50,400		51,900		51,100		54,000		56,400		58,000		58,800		58,500		59,400		59,800		57,700		59,900		61,000		62,000
Oct	50,500		51,800		51,800		53,700		56,600		58,500		58,500		58,500		59,900		59,700		58,100		60,300		61,200		62,700
Nov	50,600		52,100		51,500		53,800		56,600		58,700		58,600		58,100		59,900		59,900		58,500		60,300		61,200		62,300
Dec	50,800		51,900		52,300		53,600		56,900		59,400		58,500		57,400		60,000		58,300		58,600		60,700		61,300		61,500

Month	1995	Y/Y	1996	Y/Y	1997	Y/Y	1998	Y/Y	1999	Y/Y	2000	Y/Y	2001	Y/Y	2002	Y/Y	2003	Y/Y	2004	Y/Y	2005	Y/Y	2006	Y/Y	2007	Y/Y	2008	Y/Y	2009	Y/Y
Jan	51,700		48,400		54,100		57,500		60,600		64,100		65,000		65,300		61,500		62,900		66,800		66,700		68,500		69,000		58,900
Feb	50,900		49,500		54,700		58,000		60,700		63,600		65,200		65,500		60,700		63,000		66,500		67,500		67,700		69,000		57,900
Mar	51,200		50,600		54,600		58,000		60,500		65,600		65,300		65,800		60,700		64,400		66,300		67,600		68,100		68,600		56,700
Apr	51,000		51,500		55,300		58,100		60,000		64,100		65,500		64,600		60,300		65,500		66,400		67,100		68,300		67,600		55,000
May	50,500		52,300		55,800		58,000		59,800		64,200		65,800		63,800		61,200		65,800		66,000		66,900		68,900		66,600		55,100
Jun	50,500		53,100		56,300		58,300		60,000		64,300		65,800		63,700		61,300		65,800		66,100		67,000		69,100		65,800		54,600
Jul	50,100		53,500		55,900		58,400		60,400		64,300		65,900		63,000		62,100		65,800		66,100		67,100		68,900		65,200		53,800
Aug	50,000		53,600		56,000		58,900		60,600		64,400		65,900		62,700		62,400		66,200		65,900		67,100		68,900		64,600		53,400
Sep	50,100		53,500		56,300		59,000		60,500		64,800		65,500		62,400		62,500		66,700		65,800		67,000		68,500		63,700		53,200
Oct	50,100		54,200		56,500		59,000		61,900		65,000		65,200		62,100		62,900		67,000		65,400		67,300		68,900		62,800		52,600
Nov	50,500		54,400		56,600		59,400		62,500		65,200		64,700		61,900		63,600		67,100		65,600		67,200		69,000		61,500		52,300
Dec	50,300		54,400		57,200		59,800		63,100		65,600		65,000		61,300		63,300		67,200		65,200		67,500		68,700		60,300		52,000

The construction sector comprises establishments primarily engaged in the construction of buildings or engineering projects (e.g., highways and utility systems). Establishments primarily engaged in the preparation of sites for new construction and establishments primarily engaged in subdividing land for sale as building sites also are included in this sector. Construction work done may include new work, additions, alterations, or maintenance and repairs. Activities of these establishments generally are managed at a fixed place of business, but they usually perform construction activities at multiple project sites.



	Download Connecticut Construction Employment (1990 - Current)

Month	2007	Y/Y	2008	Y/Y	2009	Y/Y	2010	Y/Y	2011	Y/Y	2012	Y/Y	2013	Y/Y	2014	Y/Y	2015	Y/Y	2016	Y/Y	2017	Y/Y	2018	Y/Y	2019	Y/Y	2020	Y/Y	2021	Y/Y	2022	Y/Y	2023	Y/Y	2024	Y/Y
Jan	6.22%		5.76%		5.06%		5.03%		4.76%		3.92%		3.41%		4.43%		3.71%		3.87%		4.15%		4.03%		4.46%

Feb	6.29%		5.92%		5.13%		4.99%		4.95%		3.89%		3.53%		4.30%		3.71%		3.66%		4.17%		4.33%		4.37%

Mar	6.16%		5.97%		5.00%		4.97%		4.84%		3.95%		3.57%		4.34%		3.77%		3.69%		4.20%		4.44%		4.27%

Apr	6.18%		5.92%		4.81%		5.10%		4.84%		3.91%		3.45%		4.34%		3.67%		3.61%		4.05%		4.47%		4.14%

May	6.26%		6.04%		4.86%		4.89%		4.64%		3.80%		3.54%		4.19%		3.84%		3.60%		4.01%		4.59%		4.07%

Jun	6.66%		6.32%		5.42%		4.74%		4.51%		3.68%		4.07%		4.16%		3.98%		3.57%		3.90%		4.57%		3.80%

Jul	6.70%		6.43%		5.22%		4.56%		4.55%		3.55%		4.37%		4.13%		4.05%		3.44%		3.97%		4.53%		3.77%

Aug	6.57%		6.48%		5.19%		4.43%		4.27%		3.60%		4.46%		4.12%		3.91%		3.44%		3.88%		4.55%		3.62%

Sep	6.38%		6.04%		5.06%		4.35%		4.11%		3.50%		4.49%		4.16%		3.89%		3.46%		3.81%		4.63%		3.61%

Oct	6.38%		6.20%		4.95%		4.23%		4.07%		3.38%		4.19%		4.04%		3.80%		3.47%		3.90%		4.83%		3.69%

Nov	6.21%		6.09%		4.88%		4.30%		3.99%		3.35%		4.26%		4.00%		3.94%		3.77%		3.92%		4.87%		3.70%

Dec	6.10%		5.33%		4.93%		4.71%		3.96%		3.35%		4.46%		3.86%		3.96%		4.20%		3.95%		4.64%		3.72%



	Download Conventional Mortgage Rate (2001 - Current)


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