The median Vermont primary home sold for $229,000 in 2019, according to Property Transfer Tax records, a 6.5% increase from 2018. This is the largest single year increase in median home prices since before the Recession, and a substantial increase over recent years’ home price growth. Since 2014, Vermont median home prices have increased by an average of 2.7% per year.
How the census affects us all
This commentary by VHFA Executive Director Maura Collins appeared recently in VTDigger
Homeownership declines among young Vermonters
This commentary by VHFA Executive Director Maura Collins appeared recently in VTDigger
Vermont Rural Life Survey highlights affordability challenges
VPR and Vermont PBS have released the results of the annual Vermont Rural Life Survey, which polls households from all across Vermont about life in their communities and the daily challenges they face. Vermont has the second highest percentage of its population living in rural areas in the United States.
Impact of Vermont colleges on housing affordability difficult to measure
Fall has started to arrive in Vermont, and with it is the return of many college students to the state. The impact of college students on local housing markets has long been a source of tension, particularly among long-term Burlington residents, who worry they may be priced out of housing by the large number of area students.
Vermont home prices continue to increase in 2019
Vermont home prices continued to climb in the first six months of 2019, based on the latest data from Vermont Property Transfer tax records. The median home sold for $219,500, a roughly 2% increase from 2018.
Housing recovery leaves black households behind
The economic recovery is being felt among many households, with home equity wealth rising and more Millennials becoming homeowners.
New report finds more Vermont seniors receive rental housing assistance than younger counterparts
Roughly 9,000 Vermont senior households receive some form of financial rental help compared to 8,000 younger households, according to a report recently completed by VHFA on the distribution of rental subsidies by age group.
New reports show housing unaffordable for many Vermont workers
Two new reports show that rental housing in Vermont is unaffordable for many workers, not only for those earning minimum wage, but also for skilled middle-income workers.
Homelessness rate falls, but number of chronically homeless increases
Newly released data from the 2019 Point-in-Time Count showed 1,089 people experiencing homelessness in Vermont on a single evening this winter, which represents a 16 percent decrease from last year.