Denver CO. Home Prices Increase
According to the most recent S&P Case-Shiller Home Price Index report, Denver residential real estate inched up in December 2009 over December of 2008 by 1.2 percent. Denver shared the honors with 6 of the 20 cities examined in the S&P Case-Shiller Index that actually showed a year-over-year home price increase.
On the other hand, Denver home prices slipped in month-over-month comparisons. Home prices dropped in December of 2009 from November of 2009 by a 0.8 percent. This follows slight month-over-month drops in the fall months of September, October and November. Prior to the fall slide, Denver posted 6 straight months of month-over-month home price increases according to S&P Case- Shiller reports.
Click here to read the S&P Case-Shiller report in its entirety.
Michelle A. Potter, Denver REALTOR
The Berkshire Group, REALTORS
303-489-4035
