Local Pulse - May 2025

• The number of price reductions and days on market continue to rise, but for some of the truly special homes, or homes that buyers see as incredible value, they are flying off the market with multiple offers.
• Denver’s Populus Hotel earned top recognition as one of the best new hotels in the world by Travel + Leisure. In the list, Populus is celebrated as the world’s first carbon-positive hotel.
• Betway’s “Coolest Cities in North America” report, published in March 2025, analyzed 50 of the most populous cities across the U.S. and Canada to determine which urban centers stood out for their cultural vibrancy and lifestyle appeal. Denver ranked sixth overall in the U.S., highlighting its youthful median age of 34.6 and a dynamic cultural scene.
• Trailbreak Partners, a Denver commercial real estate investment and development firm, broke ground Tuesday morning for Kaia Residences, a new 295-unit apartment complex. The 18-story, $160 million development in the Capitol Hill neighborhood will offer a mix of studio-, one-, two- and three-bedroom apartments, with 19 designated as affordable.
• Denver is overhauling its construction permitting system to reduce the time it takes to process applications, partly to expedite the development of 44,000 affordable housing units over the next decade.
• National inventory, as seen here in Denver, is on the rise and expected to return to pre-pandemic levels by the second half of 2025, turning some seller’s markets into balanced markets, and more balanced markets into buyer’s markets.

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