Denver’s retail market is benefitting from healthy employment growth, rising incomes and fundamentally sound new developments. Employers in energy, telecom and IT are creating well-paying positions, leading to an increase in disposable income and a boost to local retailers. In 2017, retail sales soared by 6.5 percent, well above the national growth rate. A booming local housing market is also supporting the retail market. Quarterly existing single-family home sales are at peak levels, driving sales for big-ticket items and home furnishings. This year, retail sales are projected to climb more than 5 percent.

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