07.20.14

Salt Lake City Utah’s economy

Posted in Beehive Movers, Salt Lake City Utah's economy at 3:46 pm by Administrator

Salt Lake City Utah’s economy is rebounding nicely. Our economy created 40,000 new jobs and our
employment rate is now 4%.Utah ranks 2nd in job growth.

Almost ever sector of our Utah economy has seen significant gains since the debacle of 2008.

Salt Lake Cite Home Sales  single family homes rose 6% to about 12,000 units sold in 2013.

Housing sales in South and West Jordan remain strong,along with Sandy and Bluffdale.

Sales of homes were down in West Valley and Midvale

According to Entrepreneur

Salt Lake City is the hottest market in the country

Median home value: $256,800

Increase in home values last year: 11.8 percent

http://beehivemovers.com/slc.html

 

1-year forecasted increase: 5.9 percent

All in all the indicators  would suggest that Salt Lake City and surrounding areas should see stable growth
for the next couple of years.