State-by-State Economic Impact of Real Estate Activity

Economic Impact of Real Estate Activity in Arizona 

When a home is sold in Arizona, Updated 2017 

  • $18,198 of income is generated from real estate related industries.
  • $4,572 is spent on consumer items such as furniture, appliances, and paint service.
  • $10,930 is the economic multiplier effect (restaurants, entertainment, etc.). 

State by State Activity

https://www.nar.realtor/sites/default/files/reports/2016/state-by-state-impact-of-real-estate-activity/2016-12-economic-impact-real-estate-activity-arizona-12-15-2016.pdf

 

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s