Pointing to both a spate of new construction activity and continued population growth, a real estate listings service says Aurora, Colorado is one of the ten fastest-growing suburbs in the country.
That ranking was compiled by the Santa Clara, California-based Realtor.com, placing Aurora as the only such location on its top ten list in the West.
Of the other fast-growing suburbs listed by the site, four were off the Atlanta coast, two were in Texas, with one each in Iowa, Louisiana, and Tennessee.
Realtor.com said it determined its rankings by looking at “home appreciation over the last three years, and the increase in the number of home listings in that same time period.”
The site also looked at overall population growth, with Aurora’s population jumping from 276,000 in 2000 to more than 366,000 today.
The fact that Aurora has seen an unprecedented increase in the pace of new retail, residential and public construction, was also factored in by Realtor.com, which came to its findings after studying the growth statistics of suburbs in more than 7,000 zip codes within an hour’s drive to the nearest city.
Aurora, located 16 miles to the east of Denver, is also 26 minutes away Colorado’s largest city.
By Garry Boulard
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