Colorado Association of REALTORS | New Construction
2052
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New Construction Tag

construction worker team hands shaking after consultation meeting to greeting start up plan new project contract in office center at construction site, teamwork, partnership and contractor concept

How Does New Construction Affect Housing Prices?

Denver’s 2019 elections have become a referendum on development, with Mayor Michael Hancock defending his handling of the city’s rapid urban growth. The debate has produced some major questions about development, housing and money. Here are some answers.   Are housing prices slowing down?   Yes. The pace of increases for rent and sale prices has slowed down lately. The median single-family home in...

Denver Colorado USA-June 5 2015. Aerial view of urban park in business park.

Metro-Area Commercial Sales Prices Plateau for First Time Since 2011

By Greg Johnson, Calibrate Real Estate   After six years of steady growth, in 2018 the Central Denver apartment market flattened out. See report by clicking here.  Nearly 1,000 units were sold in 34 transactions, and the average price per unit was $182,938, a slight decrease from 2017’s average of $185,316.  We calculate the average price per unit annually from Central Denver...