December 12, 2017
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Utility Company Demanding Silence From Environmental Goup

HARTFORD, BOSTON: Eversource Energy [NYSE: ES] released a statement saying it was putting the Environmental Defense Fund [EDF] “on notice that the company will pursue legal action if EDF doesn’t halt its false and defamatory…
December 12, 2017
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Northeast Rail Plan Off Track Without Funds and Fairfield County…

By: ANA RADELAT Washington – An ambitious — and to some in Connecticut controversial — plan to overhaul the railroad in the Northeast Corridor has come to a full stop, a victim of lack of funding. There also has…
December 13, 2017

Tiny Alexion Competitor Sees Its Drug Move Forward In Clinical Trials

By Mitchell Young NEW YORK and LONDON: Akari Therapeutics, Plc [NASDAQ:AKTX], a biopharmaceutical company in clinical development of a drug competitive to Alexion Pharmaceuticals [NYSE: ALXN] flagship drug Soliris, announced…
December 08, 2017

Activist Investor Targets Alexion

Billionaire Paul Elliott Singer of Elliot Investment has been described as one of the country's toughest money managers and a vulture investor. His firm has targeted Alexion for changes or a possible sale. By Mitchell Young…

$500 Million for Bertolini But Aetna May Not Make Big Apple Move

Dec 08, 2017
By Mitchell Young WOONSOCKET: A suburb city of Providence, Rhode island the country’s smallest state is the home of CVS…

Largest Sales Increase In Single Family Homes In A Decade

Dec 08, 2017
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BOSTON: Single-family home sales in Connecticut continued their increase in sales jumping 3.8 percent in October compared to…

Tribes Counter MGM, Hinting at Bid for New Casinos

Dec 06, 2017
By: MARK PAZNIOKAS | The tribal owners of the Foxwoods Resorts and Mohegan Sun casinos sent legislative leaders…

Mohegan Sun Inks Bridgeport Concert Deal, Harbor Yard Concert Plan A Potential Casualty of Bridgeport Casino War

Dec 06, 2017
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BRIDGEPORT: Just a day after MGM Resorts CEO James Murren tried to rally Bridgeport’s business community in a speech to…

Glastonbury Financial Service Company Raises $6 Million From Strategic Investors

Dec 05, 2017
GLASTONBURY: Payrailz, a digital payments company offering advanced bill payment and money transfer solutions to banks and…

Regents to Consider Plan for Consolidating Community Colleges

Dec 05, 2017
Norwich Community College By: Clarice Silber CTMIRROR.COM HARTFORD: A controversial plan to consolidate Connecticut’s 12…

New Haven Biotech To Purchase Infectious Disease Portfolio

Dec 01, 2017
NEW HAVEN: Melinta Therapeutics, Inc. [NASDAQ: MLNT] has entered an agreement to acquire the infectious disease business…

Access Health projecting 2018 Enrollment Will Match Last Year’s

Dec 01, 2017
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By: Mackenzie Rigg | Access Health CEO Jim WadleighKyle Constable / HARTFORD: With about three…

Conncticut Ranked #42 For Business By Forbes, New England Trails Country

Dec 01, 2017
According to Forbes magazine’s 2017 Best States For Business rankings, Connecticut ranks among the ten worst states in the…


Access Health projecting 2018 Enrollment Will Match Last Year’s

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By: Mackenzie Rigg | Access Health CEO Jim WadleighKyle Constable / HARTFORD: With about three weeks left in open…

Feds: State Can Impose Work Requirement for Medicaid Recipients

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Medicaid chief: Feds are willing to approve work requirements By: Phil Galewitz | Kaiser Health News | Seema Verma, head of the Centers for Medicare…

City Sues Connecticut Pharmaceutical Company

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NEW HAVEN: The city has joined the parade of states and cities suing the privately owned Stamford, Connecticut based Purdue Pharma and other…

So Far Only Lobster Pot in Maine

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AUGUSTA: Not everyone is willing to toke up for some taxes. Like Connecticut legislators, Maine’s Governor Paul LePage was not willing to allow…


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UPDATE FROM REUTERS> By Mitchell Young WOONSOCKET, RI: Aetna [NYSE: AET] CEO Mark Bertolini probably won’t be enjoying the commanding view of the New…

Connecticut Chambers of Commerce Respond To Health Care Premium Increases

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HARTFORD: Connecticut Chamber of Commerce executives and their health insurance marketing partner the Chamber Insurance Trust announced they are…

Health Exchange CEO Says Insurers May Drop Out for 2018

On August 2nd Jim Wadleigh CEO of Access Health, Connecticut’s ACA [Obamcare] health exchange. Said that concerns that the Trump Administration might…

Even With Obamacare’s Survival, A Shakeup In CT Healthcare System Threatens

By, Ana Radelat WASHINGTON:– Even though the U.S. Senate failed to repeal the Affordable Care Act, there will potentially be changes to…

CT Health Exchange Scaling Back Retail Outreach

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Access Health CT CEO, James Wadleigh Dropping Retail Locations in New Haven and New Britain Kyle Constable HARTFORD: Facing a shortened…

Health Insurers Seek Double-Digit Rate Increases

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By: Kyle Constable Connecticare actuary Kelsey, tries to lay out the numbers behind the company's proposed rate increases. Hartford: Two…


Glastonbury Financial Service Company Raises $6 Million From Strategic…

GLASTONBURY: Payrailz, a digital payments company offering advanced bill payment and money transfer solutions to banks and credit unions, announces…

FuelCell Energy and Toyota Announce Renewable Transportation Fuel Project

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DANBURY: Some good news comes to Fuel Cell Energy [NASDAQ: FCEL] with an agreement with Toyota to purchase hydrogen for vehicle refueling at the Port…

UCONN Incubation Companies Exceed Funding Target

STORRS: UCONN Technology Incubation Program companies have raised $54 million in financing in 2017, exceeding the programs $50 million goal and…

New Haven Company Raises $18 Million for Next Generation Computer Tech

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NEW HAVEN: Two seasoned Venture investors have led an $18 million Series A investment into New Haven Quantum Circuits Inc [QCI] The new funds came…

VentureClash Announces Winners of $5 Million Global Investment Challenge

ROCKY HILL: Connecticut Innovations [CI] Connecticut’s quasi public venture capital organization announced the winners of its VentureClash, $5…

Connecticut Venture Group and ResultsJunkies In Fairfield, Hamden and…

Crossroads Venture Group's (CVG) Investor, Entrepreneur & Resource Network will be traversing around CT with Paul Singh's ResultsJunkies North…

Nine Foreign Companies selected for Connecticut Innovations Venture Clash…

Nine companies from around the globe compete for $5 million in investments ROCKY HILL: Connecticut Innovations (CI), the state;s quasi public venture…

Tech Council To Host "Scale Up" for Emerging Companies

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ScaleUP CT is a half-day event that will focus on supporting the emerging growth companies. November 2 at the Omni Hotel. Scale Up is presented by…

Connecticut's Fastest Growing Tech Companies Cited

HARTFORD: The Connecticut Technology Council (CTC) and Marcum LLP announced the winners of the 2017 Marcum Tech Top 40, the tenth annual awards…

Facebook Building Out New England Operations

Cambridge, Mass. Facebook which was started in Cambridge by Mark Zuckerberg a then student at Harvard has had only a minor prescence in New England’s…

Real Estate & Construction

Home Prices In Two Connecticut Metros Still Lag Pre-Recession Prices

Home prices across the nation have mostly recovered from the worst of the from the declines suffered during the “Great Recession,” according to…

Mortgage Company To Add Twelve New States In Expansion

MILFORD: Total Mortgage has announced expansion plans for 2018, as it seeking to open branches in 12 new states over the next 12 months. The company…

Historic Hartford Skyscraper To Suites Company

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HARTFORD: A downtown land mark 750 Main Street has been sold for $4.3 million. First built in 1921 the 17 floor “skyscraper” the former…

Largest Sales Increase In Single Family Homes In A Decade

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BOSTON: Single-family home sales in Connecticut continued their increase in sales jumping 3.8 percent in October compared to October 2016, according…

Post Road, Orange Property Fetches $2.2 Million

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ORANGE: The building housing long term tenant Porch and patio has been sold for $2.3 million. The 15,300 square foot commercial building at 363…

A Billion Reasons To Invest in Connecticut’s Downtowns and Main Streets

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Christine Schilke, Connecticut Main Street Center Connecticut stands ready to enter a new era of economic development as the key components of market…

Education Fund Established For Family of Popular Realtor

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HARTFORD: The CCIM [Certified Commercial Investment Member] Foundation has created tyhe Wayne D’Amico Memorial Fund to recognize, D’Amico an Ivoryton…

Distribution Firm Leases In North Branford

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NORTH BRANFORD: The Geenty Group, Realtors, reports a three-year lease with options to extend 2 units at 5 Enterprise Drive. The tenant is TXX…

Hilltop Office Park Doubles in Value on Sale

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Danbury: Lee Farm Corporate Park a class A office building on I-84 was purchased for $16.9 million by Summit Development of Southport and The…

Class B Building Brings in $2.9 Million in Sale

NORWALK: 14 Westport Avenue a 32,000 square foot “class B” office building in downtown sold for $2.9 million. The three-story building was built in…


What Are They Smoking Up There?

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HARTFORD: Even as a mayor who wants to be Governor calls on the state to “oversee” a dysfunctional government, the Hartford Court of Common Council…

Connecticut Seeks Revenue through CT Fresh Start Tax Program

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HARTFORD: Connecticut is hoping to bring in $85 million with a “voluntary” tax compliance program, Fresh Start for both individuals and business.…

Tax Commissioner: GOP Plan, Many in State to Pay More

By: Ana Radelat | State Department of Revenue Services Commissioner Kevin B. Washington – Connecticut Commissioner…

Survey, CT Residents "Take Care of The Basics"

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CONNECTICUT: A new survey by administered by the quasi-government Connecticut Economic Resource Center [CERC] says that residents are concerned about…

Fed Tax Bill Would Bang CT Homeowners and Small Biz

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By: Ana Radelat | Senate tax bill would have big impact on CT homeowners, small businesses Senate Finance Committee Chair Orrin Hatch,…

Economist Gioia: ‘Historic’ State Budget Will Boost Business Confidence

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By: Keith M. Phaneuf | A vice president and economist with the ConnecticutBusiness and Industry Association, Peter Gioia has spent the…

Many Connecticut Public Companies Would See Lower Corporate Taxes With…

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WASHINGTON: The Republican House of Representative has presented a corporate tax reduction plan from 35% to 20%. The website issued a…

After 117-Day Marathon, Senate Passes Bipartisan Budget

By: Keith M. Phaneuf, Jacqueline Rabe Thomas and Mark Pazniokas | HARTFORD: A newly united Senate took a major step early Thursday…

By County Detail Chart Below 

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BOSTON: Single-family home sales in Connecticut increased by 23%in January, according to the latest report from The Warren Group, publisher of The Commercial Record.

A total of 2,130 single-family homes were sold in Connecticut during the month of January compared with 1,731 sold in January 2016. This is the highest total of sales in January since 2007 when the number reached 2,345 homes sold.  

The median price of a single-family home fell 1.9 percent in January to $225,000, compared with $230,000 a year ago. This is the first decline in year-over-year prices in five consecutive months.

“The Connecticut housing market has been in recovery mode since 2012,” said Timothy Warren, CEO of The Warren Group. “Despite the robust sales volume, the median sale price is slipping. At $222,500, the median price of a single family home is below the median price in January 2013 when it was $230,000.”

Condominium sales in Connecticut increased in January by 32.3 percent with 578 condos sold, up from 437 in January 2016. This marks the highest January sales output since 2007, when there were 919 condos sold.

The median sale price for condos in January decreased by 0.7 percent to $149,000, compared to 150,000 in January 2016. Median sale prices have hit their lowest January total in 13 years, when prices reached $132,700 in 2003.

Number of Sales 135 163 17%
YTD Number of Sales 135 163 17%
Median Sale Price $232,500 $240,000 3%
YTD Median Sale Price $232,500 $240,000 3%
Number of Sales 129 163 21%
YTD Number of Sales 129 163 21%
Median Sale Price $138,000 $119,900 -15%
YTD Median Sale Price $138,000 $119,900 -15%
Number of Sales 20 19 -5%
YTD Number of Sales 20 19 -5%
Median Sale Price $144,250 $71,250 -102%
YTD Median Sale Price $144,250 $71,250 -102%
Number of Sales 22 42 48%
YTD Number of Sales 22 42 48%
Median Sale Price $149,000 $117,750 -27%
YTD Median Sale Price $149,000 $117,750 -27%
Number of Sales 103 157 34%
YTD Number of Sales 103 157 34%
Median Sale Price $127,000 $140,000 9%
YTD Median Sale Price $127,000 $140,000 9%
Number of Sales 17 11 -55%
YTD Number of Sales 17 11 -55%
Median Sale Price $100,000 $156,000 36%
YTD Median Sale Price $100,000 $156,000 36%
Number of Sales 4 17 76%
YTD Number of Sales 4 17 76%
Median Sale Price $153,225 $175,000 12%
YTD Median Sale Price $153,225 $175,000 12%
Number of Sales 7 6 -17%
YTD Number of Sales 7 6 -17%
Median Sale Price $122,500 $112,500 -9%
YTD Median Sale Price $122,500 $112,500 -9%