According to Case-Shiller Home Price Index, Denver was the best year-over-year performer with only 0.1% decline. The annual rate of decline improved over the previous month. December marked the ninth month of improved statistics.
Looking at the annual statistics, both Minneapolis and Portland are no longer reporting double-digit declines. Denver and Dallas are nearing positive territory with their annual figures at -0.1% and -0.6%, respectively.
To read the entire report go here.
It's nice to read an independent report like this that confirms what we are experiencing in the Denver real estate market!
Happy New Year Denver!