Colorado Association of REALTORS | Economic Impact of a Home Sale
32744
post-template-default,single,single-post,postid-32744,single-format-standard,edgt-core-1.0,ajax_fade,page_not_loaded,,colorado association of realators-child-ver-1.0.0,hudson-ver-1.5, vertical_menu_with_scroll,smooth_scroll,blog_installed,wpbdp-with-button-styles,wpb-js-composer js-comp-ver-7.6,vc_responsive

Economic Impact of a Home Sale

Dec 20 2019

Economic Impact of a Home Sale

Communities, REALTOR® News, Stats & Trends

How is the housing market in your state affecting the local economy? The National Association of REALTORS® recently released a report outlining the total economic impact of real estate related industries on the economy of each state, as well as the expenditures that result from a single home sale, including aspects like home construction costs, real estate brokerage, mortgage lending and title insurance. Find out how much the real estate industry is affecting the gross state product

In Colorado, the total economic impact of a home sale in 2018 was $129,045. Read the full report on Colorado to find out how much the real estate industry is affecting the gross state product. NAR data on other states are available here.

Statistics for the country as a whole: United States

Share Post


  • CTM EContracts LogoCTM EContracts Logo
  • Williams Underwriting GroupWilliams Underwriting Group

About CAR

The Colorado Association of REALTORS® is the state’s largest professional, voluntary, non-profit, real estate trade association that is dedicated to serving more than 30,000 REALTOR® members across the state. Read More

CONTACT US

309 Inverness Way S, Englewood, CO 80112

303 790 7099

communications@coloradorealtors.com

SOCIAL

© 2023 Colorado Association of REALTORS®. All rights reserved