POPULATION AND RETAIL SALES RELATIONSHIP CONCERNING REAL ESTATE IN A FAST-GROWING COMMUNITY IN WEST TENNESSEE

Bartlett, Tennessee is a fast-growing community in North Shelby County, Tennessee. With rapid growth in population, there is an increase in the construction of homes. We examined the relationship between the number of new homes in the Bartlett area and the increase in population and found these two variables were not closely related. The amount of explained error was minimal. We found a significant relationship between population and total retail sales in Bartlett.