Colorado’s population rose by almost 102,000 people in 2015, but the state added only 25,143 new single-family homes, condos, and apartments to accommodate the influx, according to updated estimates from the U.S. Census Bureau.
The average household size in Colorado is 2.5 people, so to keep up with demand from the growing population, the state should have added 40,500 housing units. The 15,000-home shortfall from last year has added to a deficit that has been growing since 2012.
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