By the Numbers: The 10 Fastest-Growing StatesBy Suzanne De Vita ![]() One hallmark of a hot housing market? An influx of new residents. In the past year, 10 areas attracted newcomers in record waves, according to Census population statistics: 1. Nevada Growth in Population: +2.1 percent (3.03 million) 2. Idaho Growth in Population: +2.1 percent (1.75 million) 3. Utah Growth in Population: +1.9 percent (3.16 million) 4. Arizona Growth in Population: +1.7 percent (7.17 million) 5. Florida Growth in Population: +1.5 percent (21.3 million) 6. Washington Growth in Population: +1.5 percent (7.54 million) 7. Colorado Growth in Population: +1.4 percent (5.7 million) 8. Texas Growth in Population: +1.3 percent (28.7 million) 9. South Carolina Growth in Population: +1.3 percent (5.08 million) 10. North Carolina Growth in Population: +1.1 percent (10.39 million With the addition of close to 62,000 people (accounting for births and new residents), Nevada is the fastest-growing, relatively, Census estimates show. According to a separate study by United Van Lines, The Silver State had the fourth-highest inbound moves in 2018—and in its biggest city, Las Vegas, home prices are up 12 percent year-over-year. Idaho, at No. 2, grew by roughly 35,000. According to the study by United Van Lines, it had even more inbound moves than Nevada, at the third-highest of the states. Meanwhile, No. 3 Utah is home to Salt Lake City, which is one of the best cities for millennials, according to a LendingTree ranking. If millennials are moving there, chances are, there are affordable homes and job opportunities—characteristics of an in-demand market. Source: U.S. Census Bureau This appeared first on RISMedia's Housecall. Suzanne De Vita is RISMedia's online news editor. Email her your real estate news ideas at sdevita@rismedia.com. |
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