News

The Connecticut REALTORS^® Foundation recently awarded their 2026 Raymond F. Gates, Jr. Memorial Scholarships.  The Raymond F. Gates, Jr. Memorial Scholarship Fund was established in 1976 in memory of Raymond F. Gates, Jr. following his tragic death in an automobile accident.  Mr. Gates was the Executive Vice President of the Connecticut REALTORS®. For the 2025-2026 academic year, the Connecticut REALTORS® Foundation is proud to announce that42 scholarships totaling $48,000 dollars to children of CTR members and association staff. GHAR is proud to announce the 9 winners that were among the 42 recipients. This is the 50th anniversary of the Gates Scholarship fund, with more than $1.3 million dollars awarded since inception.

Several GHAR leaders recently attended the National Association of REALTORS® Legislative Meetings in Washington, D.C., from June 14-19th. REALTORS® from across the country met to discuss industry trends, advocacy priorities, professional standards, technology, and the future of our profession.

According to the Greater Hartford Association of REALTORS® (GHAR), the median sales price of single-family homes in Greater Hartford increased 11.9 percent (from $420,000 to $470,000), when compared to May of last year. Pending sales increased 12.8 percent (from 453 to 511) and closed sales dropped 14.3 percent (from 428 to 367). New listings increased 8.8 percent (from 611 to 665) and inventory rose 4.1 percent (from 710 to 739). The average days on market until sale jumped 18.8 percent (from 16 to 19 days), over May of 2025.