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Vermont Ranks 35th Among States Building the Most Homes

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Vermont Ranks 35th Among States Building the Most Homes


In the aftermath of the COVID-19 pandemic, elevated real estate values and rents have stretched budgets for homebuyers and renters alike. The median home sales price in the U.S. in the first quarter of 2024 was nearly $92,000 higher than just 4 years prior. Likewise, rent prices are rising again after a temporary decline following the pandemic surge.

Since the beginning of 2022, the U.S. Federal Reserve has raised interest rates in an effort to combat inflation throughout the economy. Between rising mortgage rates and the rapid run-up in home values, the residential real estate market has cooled down slightly. As of Q2 2024, the median home sale price declined 6.8%—down from just over $442,000 in Q4 2022. But while a leveling-out in demand may have helped to slow down price growth, these measures cannot solve another fundamental challenge in the U.S. housing market: a major shortage of housing supply.

According to an analysis from Freddie Mac, existing home inventory picked up 19% year-over-year to 1.28 million units, but remains below pre-pandemic averages. To make matters worse, the National Association of Home Builders’ (NAHB) Housing Market Index—a measure of home builder confidence where a value below 50 is considered “poor”—declined to 43 in June 2024. The NAHB attributes this low rating to higher mortgage rates and increased construction costs.

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Authorized Housing Units Over Time

After trending upward for over a decade, home building has dropped off significantly

Source: Construction Coverage analysis of U.S. Census Bureau and U.S. Department of Housing and Urban Development data | Image Credit: Construction Coverage

The lack of housing supply has been exacerbated by significant underinvestment in new housing since the Great Recession. New housing authorizations tend to fall temporarily during economic downturns, but the collapse of the housing market in the mid-2000s and ensuing recession sent authorizations to historic lows. The number of new residential units authorized has recovered slowly over the last decade, but as of June 2024, new authorizations declined nearly 25% after peaking in January 2022.

Single-Family Home Construction Times

Amid construction labor shortages, starts & completions are taking longer than before COVID

Source: Construction Coverage analysis of U.S. Census Bureau’s Survey of Construction data | Image Credit: Construction Coverage

Despite a clear need for new housing supply, the construction industry struggled to keep up during the pandemic. COVID-related disruptions produced worker shortages and hindered supply chains, making it harder and more expensive to obtain building materials. As a result, more single-family units saw monthslong delays in the time it takes to start and complete construction when compared to years past.

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Vermont Ranks 35th Among States Building the Most Homes

The effects of these disruptions continue to linger in the residential housing industry. The share of authorized single-family units that took two months or longer to start construction after initial authorization increased from 20% in 2019 to 31% in 2023. These delays were even more pronounced when considering the time from construction start to completion, where 55% of authorizations took over two months to complete this phase compared to only 39% in 2019.

Residential Building Permits by State

Two Mountain West states, Utah and Idaho, are building the most homes

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Source: Construction Coverage analysis of U.S. Census Bureau’s Building Permit Survey and Population and Housing Unit Estimates data | Image Credit: Construction Coverage

Although supply is a challenge across the U.S., some locations are progressing faster than others in authorizing new construction. Fast-growing states in the Mountain West, like Utah and Idaho, along with Sun Belt destinations like Florida and the Carolinas, lead the U.S. in the rate of new housing development. At the local level, major metros in these fast-growing states are also among those leading in new home construction.

This analysis was conducted by Construction Coverage, a website that provides construction software and insurance reviews, using data from the U.S. Census Bureau and Zillow. Researchers ranked locations according to the number of new housing units authorized per 1,000 existing homes in 2023.

Here is a summary of the data for Vermont:

  • New housing units authorized per 1k existing homes (2023): 1.7
  • New housing units authorized per 1k existing homes (2021): 1.5
  • Total new housing units authorized (2023): 573,228
  • Total new housing units authorized (2021): 499,725
  • Percentage change in housing units authorized (2021–2023): +14.7%
  • Median home price: $401,965

For reference, here are the statistics for the entire United States:

  • New housing units authorized per 1k existing homes (2023): 2.5
  • New housing units authorized per 1k existing homes (2021): 2.7
  • Total new housing units authorized (2023): 365,373,043
  • Total new housing units authorized (2021): 380,036,187
  • Percentage change in housing units authorized (2021–2023): -3.9%
  • Median home price: $363,438

For more information, a detailed methodology, and complete results, see U.S. Cities Building the Most Homes on Construction Coverage.



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How Vermont basketball escaped with win vs Binghamton in final seconds

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How Vermont basketball escaped with win vs Binghamton in final seconds


UVM welcomes Adrian Dubois as new men’s soccer coach

Adrian Dubois answers questions from the media following his introductory press conference on Monday, Dec. 22.

Momo Nkugwa’s two free throws and TJ Hurley’s defensive block in the final 18 seconds of regulation allowed Vermont basketball to squeeze past Binghamton for a 60-59 America East Conference victory in front of 1,874 at Patrick Gym on Thursday, Jan. 8.

Nkugwa, a freshman, sank both attempts at the line with 18 seconds to play for a 60-59 advantage, and Hurley followed with a block in the paint to deny Binghamton’s Jeremiah Quigley’s layup attempt.

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Despite Vermont’s second straight win to open conference play, coach John Becker said his team was fortunate to take the victory against a Binghamton ranked 362 out of 364 Division I teams in kenpom rating.

“Great to win a game you shouldn’t win. I thought Binghamton deserved to win the game with how we played,” Becker said.

Gus Yalden, who was limited with a calf injury, led Vermont (10-7, 2-0) with 15 points and five rebounds in 19-plus minutes. Sean Blake added nine points, while Nkugwa and Ben Michaels chipped in eight points apiece.

For Binghamton (4-13, 0-2), Quigley collected 21 points and 10 boards and Wes Peterson dropped 11 points. The visiting Bearcats owned a 36-31 margin at the break and led for the majority of the game, but shot just 26.9% from the floor in the second half.

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“Obviously, not our best game. But a win is a win,” Hurley said. “Every game matters whether you win by one point or you win by 20. We are happy with the win, but we know we have to get better from this as well.”

Who’s next for Vermont basketball?

The Catamounts play host to Maine at Patrick Gym on Thursday, Jan. 15. It will be a rematch of last year’s America East semifinals, which Maine won to end Vermont’s three-year championship reign.

UVM women’s basketball falls at Binghamton

Yanniah Boyd’s layup with 8 seconds to play broke a tie and gave host Binghamton a 69-67 win over Vermont women’s basketball in an America East contest on Thursday, Jan. 8.

Binghamton (10-5, 2-0) rallied for the win with a 24-13 edge in the fourth quarter. The hosts also benefited from 21-for-25 effort at the foul line to Vermont’s 4-for-7 performance.

Bella Pucci’s 20 points and Boyd’s 16 paced the Bearcats.

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For Vermont (13-5, 2-1), Malia Lenz recorded 21 points and nine rebounds, Nikola Priede tallied 15 points and 12 rebounds, while Keira Hanson added 11 points and Emma Haan tossed in seven.

Contact Alex Abrami at aabrami@freepressmedia.com. Follow him on X, formerly known as Twitter: @aabrami5.





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Governor Scott pushes for Vermont education reform – Valley News

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Governor Scott pushes for Vermont education reform – Valley News


MONTPELIER — In his annual address to Vermont legislators Wednesday afternoon, Gov. Phil Scott urged members of the House and Senate to move forward with the next stages of the sweeping education reform project they started last year, at his administration’s urging.

But as the 2026 legislative session got underway this week, it has seemed far from certain that the process of creating new school districts and developing a new funding model — with the goals of improving educational quality and making the system less expensive overall — will advance at the pace, or in the form, that the governor and his Republican allies want.

That’s in part because the school redistricting task force set up in last year’s education reform law, Act 73, did not recommend new proposed district maps in November ahead of the session — essentially flouting one of the law’s key directives. Any new maps would likely include far fewer school districts, with larger student populations in each, than what exists today.

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Senators listen as Gov. Phil Scott delivers his state of the state address at the Statehouse in Montpelier on Wednesday, January 7, 2026. GLENN RUSSELL / VtDigger

Speaking to a joint assembly of legislators and other officials for his State of the State address in the House chamber, Scott called education reform “our most critical challenge.”

He pointed to how Vermonters could see a nearly 12% average property tax hike this year, about half of which is due to anticipated increases in school district spending in the 2026-2027 school year, according to estimates late last year from the Vermont Tax Department.

“These are the real costs of maintaining a system designed for a Vermont that no longer exists,” the governor said. “If there’s one thing you take away from this speech today, it’s this — education transformation is not optional. It’s essential.”

In fact, there was not much else legislators could take away from the speech, as Scott’s 35-minute address focused almost entirely on that topic. Scott also took the notable step of using his speech to issue an ultimatum: If lawmakers did not make the changes to the state’s education system that he wants to see, he would not sign other key pieces of legislation they pass, such as the annual state budget or the bill that sets property tax rates, known as the yield bill.

Gov. Phil Scott, left, leaves the House of Representatives chamber after delivering his state of the state address at the Statehouse in Montpelier on Wednesday, January 7, 2026. GLENN RUSSELL / VtDigger

“From my perspective, the recent failure to produce maps was a political strategy to preserve the old system,” the governor said. “Following through is about keeping our word to students, teachers and taxpayers who all deserve better.”

Scott’s ultimatum drew criticism from the Democratic leaders of the House and Senate in remarks to reporters shortly after. House Speaker Jill Krowinski, D-Burlington, said she did not think the veto threat was productive and, in fact, could make it harder to persuade her colleagues in the chamber to move forward with the plan the governor has laid out.

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“It’s disappointing to hear,” she said. “I am 100% at the table to figure this out with the House, with the Senate and with the governor — and I think we all are coming to a place of having to reset and figure out what we do to keep education transformation going. And — what does that look like in a map?”

She added, “I think there’s concern and fear about what might happen” among House members, “but I truly believe that every member in my chamber wants to do something. It’s just how we get there — and that’s going to be the tough work ahead of us this session.”

Senate President Pro Tempore Phil Baruth, D/P-Chittenden Central, said he “would have probably preferred no threat, but a private communication of how serious (Scott) is.” Baruth called Scott’s speech “the most narrowly focused State of the State I’ve ever seen” in his 15 years in the Senate, though he understood why the governor would make that decision.

Asked about his own appetite for advancing the stipulations of Act 73, Baruth bristled slightly at a reporter’s suggestion he was “bullish” on the law.

“I would say I’m committed to it,” he said.

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In a statement issued shortly after the address, the minority leaders of the House and Senate, for their part, praised the governor’s speech. Scott “correctly identified education reform as our most urgent challenge,” said Rep. Pattie McCoy, R-Poultney, and Sen. Scott Beck, R-Caledonia.

Scott also used his speech Wednesday to foreshadow — briefly — what he called the “hard choices” his administration, together with House and Senate budget writers, will have to make in the coming months when developing the state’s spending plan for the 2027 fiscal year. That time period runs from July 2026 to June 2027.

House and Senate leaders have already said they expect some existing programs will need to be cut as support from the federal government — especially for key human services programs such as nutritional benefits, Medicaid and assistance for home heating costs — wavers.

“This year’s spending package has required difficult decisions,” Scott said of his administration’s budget proposal, which he will present in another address later this month. From there, the House and Senate will develop a budget bill, which they’ll ultimately send back to Scott for his sign-off.

The governor said Wednesday that in national politics, “conflict is chosen over cooperation, division over decency and outrage over outcomes. People lose trust.”

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He said he sees advancing the education reform plan he supports, and that legislators started last year in Act 73, as a way to set an example of how people’s “government still works for them.” Democratic leaders’ willingness to evolve the public education system in 2025 along the lines Scott proposed was, in part, a political response to voters’ outrage in 2024 over property tax increases. That spike led Democrats to lose a historic number of state House and Senate seats.

“We don’t need to be asked to do the right thing,” Scott said. “We just need to do it.”

This story was republished with permission from VtDigger, which offers its reporting at no cost to local news organizations through its Community News Sharing Project. To learn more, visit vtdigger.org/community-news-sharing-project.



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Judge approves search warrant for cellphone in deadly Vt. crash

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Judge approves search warrant for cellphone in deadly Vt. crash


NORTH HERO, Vt. (WCAX) – A judge has signed off on a request to search a cellphone in connection with a crash that killed a 20-year-old motorcyclist back in June.

The judge granted the request from the Grand Isle County state’s attorney for Ellen Willson’s phone.

Prosecutors believe Willson was using the phone when she drove her truck across the center line on Route 2 in North Hero, hitting Hunter Rounds and his father. Rounds was killed and his dad was seriously injured in the Father’s Day crash.

Court paperwork indicates that after police seized Willson’s phone at the scene, she requested to use it to get a phone number, but then admitted to deleting a message. She claimed it was unrelated to the crash.

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Willson is not in jail but is under court conditions that she not drive.



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