Colorado Association of REALTORS | The Economic Impact of a Typical Home Sale in Colorado
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The Economic Impact of a Typical Home Sale in Colorado

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Jan 15 2019

The Economic Impact of a Typical Home Sale in Colorado

Consumer Awareness, NAR, REALTOR® News, Stats & Trends

The National Association of REALTORS® released state-by-state reports outlining the total economic impact of real estate related industries on the state economy, 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.

 

The real estate industry accounted for $70,517 million or 20.4% of the gross state product in 2017. The total economic impact in Colorado was $113,152.

 

For the full report for Colorado, please visit the National Association of REALTORS® website by clicking here.

 

For the state-by-state reports, please visit the National Association of REALTORS® website by clicking here.

 

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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 26,000 REALTOR® members across the state. Read More

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