Denver residents looking for indication of a strengthening economic market may wish to turn their eye to increased buying in the housing and auto industries and new job growth in the greater metro area.
Prices are going up â that is the conventional wisdom regarding many aspects of the economy, and in more cases than not, it's true to some extent.
Rising rents and decreasing vacancy rates have transformed the housing market in Denver.
There are a number of private-employers within the city limits of Denver, but which organizations employ the most locals?
According to the Apartment Association of Metro Denver, rents rose 4.5 percent in the first quarter of 2012, the biggest year-over-year increase in a decade. Rents have not risen more than 4.5 percent since the third quarter of 2011, when they increased by 8.7 percent.
According to housing experts, Denver will soon see some light at the end of the tunnel.
Homes in the Denver metro area are seeing sales climb in April.
Increased employment opportunities in Denver to turn the clock on recession lingering recession conditions
According to Metro Study Report, while housing numbers were slow in the fourth quarter of 2011, they are expected to improve throughout 2012.
According to the Colorado Multi-Family Affordable Housing Vacancy and Rent study produced by the Colorado Department of Local Affairs, affordable rental housing is on the decline.
According to the latest figures from the National Association of Realtors (NAR), Denver has become a sellerâs market.