State of the State’s Housing Market: 2024-2025
Utah housing prices and rents showed little to no growth in 2024. Home sales and listings increased, and residential construction declined as apartment developments tumbled.
Utah housing prices and rents showed little to no growth in 2024. Home sales and listings increased, and residential construction declined as apartment developments tumbled.
Utah’s consumer sentiment rose 1.5% in June, according to the Kem C. Gardner Policy Institute’s Survey of Utah Consumer Sentiment. A similar survey conducted by the University of Michigan found a significant change (16.3%) in sentiment during June among Americans [...]
The federal government owns 64.4% of Utah’s land – the second highest share in the country behind Nevada. Understanding the history of federal public land policy lays the foundation for understanding private, federal, state and tribal land ownership in Utah.
Utah remains the youngest state in the nation, with a median age of 32.4. In Utah, children under 18 still outnumber retirement-age residents, but this is no longer true in six of the state’s counties: Daggett, Garfield, Grand, Kane, Piute, [...]
Utah’s population continues to become increasingly racially and ethnically diverse. In 2023, 24.8% of Utahns identified as a race or ethnicity other than non-Hispanic White.
Wasatch Front communities added nearly 37,000 new residents and nearly 18,000 new housing units between 2023 and 2024.
The Utah Economic Council prepares quarterly economic forecasts and is a collaborative endeavor of the David Eccles School of Business and the Governor’s Office of Planning and Budget.
Southern Utah University strengthens Utah's Southwest Economic Region and statewide economies through high-quality education; institutional, student, and visitor spending; and broad societal benefits.
Taxes generate revenue to pay for public services demanded by citizens. These services, such as transportation, public safety, corrections, courts, health care, water, air quality, parks, and education provide economic and societal benefits.