Only 15 towns, including Stamford and Bridgeport, have rebounded from the Great Recession and seen an increase in the aggregate valuation of taxable properties.
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The most recent grand list data for municipalities is from 2014, but more recent data from a different study, which looks only at home values, shows that a downward trend in that category might be continuing statewide.
Home values in all other states increased between 1 and 10 percent from 2015 to 2016, but Connecticut’s decreased by half a percent, according to a recently released report from CoreLogic.
Connecticut was the only state in the country to show a valuation decline from 2015 to 2016. Connecticut also was one of five states in the study furthest from peak home values – 20.1 percent below.
Article from Trend CT
