Thursday, July 23, 2009

Colorado, Denver outperform nation on home-resale prices

Colorado, Denver outperform nation on home-resale prices, an article from The Denver Business Journal, reports that both metro Denver and the state of Colorado outperformed most of the rest of the country when it comes to prices of home resales. According to the LoanPerformance Home Price Index (HPI), the Denver-Aurora-Broomfield area had one of the lowest decreases in home-selling prices at 1.86% in May year over year. Month over month, the Denver area showed a .49% decrease in home prices in May. Colorado as a whole posted one of the smallest decreases in home selling price a few months ago, at 3.34% year over year.http://www.bizjournals.com/denver/stories/2009/07/20/daily55.html