Indicates MSA includes part of more than one state or region. MSA includes part of more than one state or region.

New Haven-Milford, CT View area description and map

 

Market Hotness

0.4

12 mos. permits per 1,000 residents

Job Growth

-2.0%

Annual rate last 4 quarters

Res. Permits

-61%

YTD change vs. prior year

 
 

New Haven Permits

Percentage change year over year

  Single Family Multifamily Units  
  Permits Chg. 2 Units 3-4 Units +5 Units All Multi Chg. Total Units Chg.
9 Mos. 2009 180 -53% 8 3 57 68 -73% 248 -61%
2009 3Q 67 -58% 0 3 15 18 -56% 85 -58%
2Q 72 -39% 2 0 17 19 -88% 91 -67%
1Q 41 -62% 6 0 25 31 -37% 72 -54%
2008 4Q 72 -50% 0 0 53 53 -29% 125 -43%
3Q 160 -6% 2 0 39 41 -58% 201 -25%
Annuals                  
2008 452 -42% 6 12 285 303 -36% 755 -40%
2007 786 -32% 28 33 409 470 -6% 1,256 -24%
2006 1,156 -27% 72 7 419 498 -11% 1,654 -23%
 

Market Hotness Trend

12 mos. permits per 1,000 residents

Sep '09

0.4

Density Information

Calculated per square mile

Q2 '09Q2 '08Chg.
Population1403.781400.370.2%
Housing Unit578.47577.860.1%
Market Density Index (MDI)
Total Permits0.611.85-67.0%
SF Permits0.411.12-63.4%
MF Permits0.200.72-72.2%

Existing Housing Stock

350,320

New Haven, CT

Population

Based on Census Bureau estimates

Sep '09

850,129

Construction Trends

Share of permits by dwelling type

9 Months '09Share
Single-Family73%
Multifamily27%
2004-2008Avg.Share
Single-Family67%
Multifamily33%
 

New Haven Employment Trends

Employment numbers in thousands

Employment Sector No.of Jobs Last 1 Year Change Last 1 Year Job Growth Last 2 Years Change Last 2 Years Job Growth
Total 271.7 -5.3 -2.0% -1.4 -0.5%
Construction 10.8 -0.5 -4.6% -0.9 -8.0%
Manufacturing 29.8 -0.9 -3.0% -0.9 -2.9%
Trade 41.2 -0.2 -0.5% -0.7 -1.7%
Information 7.5 -0.1 -1.3% -0.5 -6.6%
Financial Activities 12.5 -0.3 -2.4% -0.6 -4.7%
Services 127.0 -2.6 -2.0% 1.6 1.2%
Government 33.8 -0.7 -2.1% 0.5 1.4%
Unemployed at end of period (rate) 18.8 6.0% 14.6 4.7%