Here’s how much housing Denver has begun building so far this year
For starters, (heh), there has been about 20 percent more new housing started in 2016 so far than at this point in 2015, according to Census data.
For starters, (heh), there has been about 20 percent more new housing started in 2016 so far than at this point in 2015, according to Census data.
The latest Census data goes to July 2016.
With all the cranes around town, I’m sure it’s no shock that the biggest jump has come from new housing with five or more units in each building. From July 2015 to July 2016, 42 percent more of them have begun construction.
However, these buildings seem to be a bit less dense than before. So far, Denver’s 117 new five-unit or more buildings are averaging about 42 units each. In 2015, the new buildings had an average of 67 units each, as of July.
Overall, that puts the Denver metro just shy of the top ten when it comes to new housing.
Denver ranked 12th for total housing starts so far.
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