New home sales in west region hit 6-year high in April
This marks the highest number of new home sales in a given month since September 2007. April’s total was the highest of any April since April 2008, according to the Colorado Division of Housing.
The number of new homes on the market also increased in April when compared to the same month in the previous year. In April 2012, 30,000 new homes were for sale, 26 percent lower than in April 2013, during which 38,000 new homes were for sale.
SPONSORED CONTENT
How dispatchable resources enable the clean energy transition
Platte River must prepare for the retirement of 431 megawatts (MW) of dispatchable, coal-fired generation by the end of the decade and address more frequent extreme weather events that can bring dark calms (periods when there is no sun or wind).
Nationwide, new home sales increased by 29 percent year-over-year in April, from 352,000 in April 2012 to 454,000 in April 2013.
In Northern Colorado, new home construction has increased steadily in recent months, especially in smaller communities such as Eaton, Windsor and Wellington.
This marks the highest number of new home sales in a given month since September 2007. April’s total was the highest of any April since April 2008, according to the Colorado Division of Housing.
The number of new homes on the market also increased in April when compared to the same month in the previous year. In April 2012, 30,000 new homes were for sale, 26 percent lower than in April 2013, during which 38,000 new homes…
THIS ARTICLE IS FOR SUBSCRIBERS ONLY
Continue reading for less than $3 per week!
Get a month of award-winning local business news, trends and insights
Access award-winning content today!