Posted Feb. 9, 2014
While much of the country's real estate markets are still trying to recover from the recent recession in 2008, Rapid City, which seemed to weather the recession better than others, had a banner year in real estate sales for 2013. Home sales increased by over 500 units from 2012 while the average selling price of homes went up and the number of days homes were on the market went down. Many attribute this increase to Rapid City's stable economy and job market, low interest rates, and the quality of life in Rapid City.
Read the full story from the Rapid City Journal here.
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Check out the Work and Economy page on the Knowledge Network to see what Rapid City is doing to keep its economy and growth strong.