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Governor Ayotte Urges Housing Reforms Amid Soaring Prices

1/11/2025

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Summary

Story summary

New Hampshire Gov. Kelly Ayotte called for enhanced housing policies to tackle affordability for young residents.
The median home price reached $514,000 in 2024, reflecting a 71% increase since 2019 due to low inventory and high mortgage rates.
Ayotte suggested a 60-day permit turnaround and partnerships to accelerate new housing construction.
Sullivan County experienced a 13.2% price increase, with overall home sales rising by 3.6% last year.

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Story summary

New Hampshire Gov. Kelly Ayotte called for enhanced housing policies to tackle affordability for young residents.
The median home price reached $514,000 in 2024, reflecting a 71% increase since 2019 due to low inventory and high mortgage rates.
Ayotte suggested a 60-day permit turnaround and partnerships to accelerate new housing construction.
Sullivan County experienced a 13.2% price increase, with overall home sales rising by 3.6% last year.