Denver still tops most U.S. cities for home-price gains

June 06, 2016 / Posted in Denver, Real Estate

DENVER BUSINESS JOURNAL – The year-over-year pace of home-resale price gains in metro Denver eased a bit in April from previous months, but the Mile High City still led most others for percentage price gains.

That’s according to the latest monthly S&P/Case-Shiller Home Prices Indices report, issued Tuesday.

Prices in the Denver area rose 9.5 percent in April from a year earlier, nearly twice the national average gains, the report said.

That follows Denver’s year-over-year gains of 10.0 percent in March, 9.7 percent in February and 10.2 percent in January, according to previous reports in the closely followed Case-Shiller series.

In April, only Portland (up 12.3 percent) and Seattle (up 10.7 percent) saw greater year-over-year resale price gains out of 20 cities tracked by the report series.

Read the full report in the Denver Business Journal: http://bit.ly/28Y3DiB.

Copyright 2016 KUSA

 

 

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