Housing Market

President Donald Trump’s Department of Government Efficiency, headed by Elon Musk, has said it plans to lay off 50% of the U.S. Department of Housing and Urban Development's workforce and eliminate half of its field offices.

Prices increased more in the state last year than almost any other state in the country.

Connecticut lawmakers say a bill that would incentivize more transit-oriented development might pass this year because of the state’s housing crisis.

Long Islanders can now access a new tool to understand residential zoning districts. A group of nonprofit organizations created an online map that shows more than 1,200 different zones that impact homeowners, developers and housing advocates.

Connecticut had the fourth-highest increase of house prices in the country. A housing market with low inventory is likely playing a role, experts say.

At the beginning of the year, there were more than 3,000 people in Connecticut experiencing homelessness. Gov. Ned Lamont said it’s due in part to mental health, addiction and a rise in housing costs.

Amid Connecticut's housing shortage, a New Haven employer found a quicker way to remedy the problem: buying property and housing its staff for free.

U.S. Sen. Chris Murphy (D-CT) has said he will push for more federal funding to help his state deal with its housing crisis.

Governor Kathy Hochul’s proposed New York Housing Compact would oversee the building of 800,000 new housing units statewide over the next 10 years, especially downstate in Westchester County, New York City and Long Island.

Homes on Long Island were overvalued by more than 16% in the second quarter, according to Moody's.