Economy

As Black Friday starts to blur with Thanksgiving and more advertisements continue to surround the day, the meaning of Black Friday is no longer as important and some retailers are even choosing to opt out.

The current expansion period is the second-longest post-war boom period on record and may become the longest, which would indicate that the cycle may be close to a peak.

Condo sales trended downward more than 18% year-over-year as pricing has made homeownership more difficult for a pool of buyers.

The next phase before a shovel goes into the ground will be to secure federal funding for phase two.

Currently, there are 13 severely unaffordable major housing markets in the US and only 10 affordable markets.

The new Ogden Commons development will offer mixed-income housing, retail and office space across 10 acres.

Despite a relatively quiet third quarter, Colliers believes year-end transaction volume will top 15.6 million square feet.

The October employment report represented the 99th consecutive month where monthly private sector job numbers in Connecticut exceeded the numbers in the same month in the previous year.