Denver Falls To 3rd For Home Price Appreciation

Dated: 02/03/2016

Views: 210

After tieing with Portland, Ore., and San Francisco in October for the fastest rate of annual home price appreciation, metro Denver fell back to third place in November, according to the S&P/CaseShiller Home Price Indices.

Denver had a 10.9 percent gain in home prices, barely trailing San Francisco at 11 percent and Portland at 11.1 percent.

A composite index that tracks home prices in 20 major metros rose 5.8 percent in November versus a 5.3 percent gain in October.

The national index is still about 4.8 percent below the peak it set nearly a decade ago in July 2006. Metro Denver's index, by contrast, continues to set new highs.

Think it might be time to sell?

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Denver Colorado Real Estate Professional
 -Michael Steffen

Michael is a motivated realtor specializing with investors and new home buyers located in the following areas; DenverArvada,Aurora and surrounding areas. Michael Steffen uses advanced internet marketing to insure your property gets maximum exposure and holds a high value of ethics in his work to ensure the ideal scenario for everyone! For help with buying or selling a property call 303-981-2750!

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Generation Property Group

My name is Michael Ross Steffen. I’m an Exit Realty Cherry Creek Agent in the Denver metro area and Team Leader For Generation Property Group! We specialize in advanced Internet marketing, buying, s....

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