The first estimate of gross domestic product (GDP) growth in the first quarter of 2019 shows that housing's share continues to trend downward, hampered by the affordability crisis.
Since 2010, metro Denver went from one of the most affordable rental markets in the nation to one of the most expensive. RealPage data show that the metro's rent price appreciation is the fourth fastest in the U.S. during that period.
The total national rental vacancy rate was 7.1 percent in the third quarter of 2018, down four basis points year-over-year, and still below historical levels.