The estimated housing unit deficit in the Denver metro area for 2023 ranged between 45,025 and 115,012 housing units. To meet new population-driven housing demand and close the existing supply gap by 2028, an additional 26,971 to 40,968 housing units per year are required
The cost of housing in Colorado—and particularly the Denver metro area—has made the state an increasingly expensive place to live. Since 2015, the price of housing in metro Denver has exceeded the U.S. average, hindering its regional competitiveness.
Housing prices are frequently at the forefront of policy discussions because they impact so many other aspects of the economy. On this episode of Common Sense Digest, Host and Chairman Earl Wright welcomes CSI Arizona’s Director of Policy & Research Glenn Farley, CSI’s Senior Economist Steven Byers to discuss the housing markets in Arizona and Colorado, respectively.