Wednesday, March 31, 2010

Case-Shiller: Denver home prices up for 3rd straight month

For the third month in a row, Denver-area home prices showed a year-over-year increase in January, according to the latest S&P/Case-Shiller Home Prices Index. Out of 20 U.S. cities in the closely watched report from Standard & Poor’s, released Tuesday, Denver was one of nine that showed a year-over-year increase in prices. Denver-area home prices were 2.6% higher in January 2010 than in January 2009. That followed a 1.2% year-over-year increase in December and a 0.5% gain in November.