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Originally Posted by rds70
July 1, 2015:
Denver: 682,545, an 18,542 person increase from 2014.
The Denver CSA was at 3,418,876, a 72,777 person increase from 2014.
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Quote:
Originally Posted by The Dirt
EnginNerd, looks like we gained 328,002 people (10.6% increase) in 5 years, which is pretty crazy. That's the equivalent of a 2nd Aurora being added to the metro.
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Quote:
Originally Posted by DenverInfill
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That's very impressive as Ken nicely articulates in his linked update:
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Not only did Denver lead the state in numeric population gain from 2014-2015, but its one-year increase of 18,582 is higher than the previous three years, which averaged around 15,000 each. This indicates that Denver’s growth actually accelerated in 2014-2015 compared to the previous three years.
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What's also interesting (to me) is that Denver's apartment vacancy ticked higher in the 2nd half of last year which was
after the 18,542 population increase had already occurred. Plus there's a whole — pile of apartment buildings/units still under construction.
It also appears that population growth may have decelerated in the 2nd half of the year although not dramatically. On the positive side the unemployment percentages remain very strong.
For this calendar year it will be interesting to try to follow both the apartment absorption and vacancy rates for a sense of continued apartment construction demand.
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