New Hampshire Housing promotes, finances, and supports affordable housing for Granite State residents. The agency offers safe, fixed rate mortgages; rental assistance for low-income families and individuals; and financing for the development of quality, affordable rental housing.
LATEST HOUSING MARKET REPORT DATA SHOWS STEADY DEMAND FOR HOMES IN MOST AREAS OF STATE
New Hampshire’s strong economy and low unemployment rate make the state an attractive place to live and work. And the latest housing market report from New Hampshire Housing Finance Authority indicates there continues to be a heavy demand for rental units and homes to buy to meet the needs of the state’s workforce.
Housing and economic data from the February Housing Market Report reflect:
Full employment in the state for over two years
A strong economy with employment opportunities that can draw workers to the state, underlining the need for housing stock
Affordability stresses for homeowners and renters in most areas of the state
A relatively low inventory of homes for sale, particularly under $300,000
Housing permits (reflecting construction activity) of multi-family and single-family homes at half the level they were prior to the Great Recession (end of 2007)
In addition to providing employment, affordability, home sales and inventory, and rental market data, this Housing Market Report features perspectives on housing and the economy from the New Hampshire Realtors Association, New Hampshire Employment Security, and Applied Economic Research.
The state’s healthy economy provides an opportunity for the state’s municipalities to reassess land use regulations that may inhibit the construction of needed housing. New Hampshire Housing continues to collaborate with public and private partners to meet the housing needs of our state’s residents and businesses, as we all work to support New Hampshire’s economic vitality.
About New Hampshire Housing: As a self-supporting public benefit corporation, New Hampshire Housing Finance Authority promotes, finances and supports affordable housing. The Authority operates a number of rental and homeownership programs designed to assist low- and moderate-income persons with obtaining affordable housing. Since its inception, New Hampshire Housing has helped more than 44,000 families purchase their own homes and has been instrumental in financing the creation of more than 14,500 multi-family housing units. NHHFA.org