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March 27, 2020 REAL ESTATE ROUNDUP

Pre-virus, CT housing permits rose in Feb.

PHOTO | Pixabay.com
By Joe Cooper

Connecticut home-builders pulled more municipal permits to erect new housing in February, marking the seventh consecutive monthly increase, new data shows. 

There were 370 single- and multifamily permits issued last month in 104 towns and cities, up 23 percent from 301 in Feb. 2019, according to the state Department of Economic & Community Development (DECD), citing U.S. Bureau of the Census data. 

Among communities sampled, the most permits were issued last month in Fairfield (97 permits issued), Shelton (34) and East Lyme (25).

Fairfield has recorded the largest number of permits issued in 2019 — 101.

The new housing construction data comes a month after DECD reported a nearly 14-percent bump in permits in January compared to a year earlier.

It remains to be seen how the COVID-19 coronavirus could disrupt housing construction activity nationwide as the outbreak has forced people to shelter at home.

Home construction has already been slowed in certain parts of California, which has recorded more than 2,100 cases of COVID-19, according to multiple media reports.

TRANSACTIONS

375 Morgan Lane, West Haven.

Ross Mahler has acquired two units at 375 Morgan Lane, West Haven. The sale price was $114,000. Mahler will use the two units for his graphic arts business and general office use. The seller was John C. D’Amato Jr. and the L.A.D. Trust. Bill Clark of the Geenty Group, Realtors in Branford was the sole agent in this transaction.

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