Denver Home Resale Gains Still Among Top 4 Municipalities
Market psychoanalysts say the Twin Cities trend is clearly research results of a perfect gale of real estate actualities beginning with that housing bubble about a decade ago.( Recognition: KARE 11)
DENVER BUSINESS JOURNAL- Metro Denver remains among the top four major U.S. marketplaces for year-over-year amplifications in home resale prices, according to recent S& P/ Case-Shiller Home Prices Indices report.
The area saw an increased number of sale price of 8. 2 percent in April from a year earlier, following annual amplifications of 8. 4 percent in March and 8.5 percent in February, according to the closely followed Case-Shiller monthly real estate report series.
Denver's 12 - month income trailed only three metropolis out of the 20 huge metro areasthat are tracked by the Case-Shiller report: Seattle Real Estate (up 12.9 percentage ); Portland, Oregon Housing ( up 9.3 percent ); and Dallas ( up 8.4 percent ), according to today's report.
The 20-city median home price increase in the year ending in April was 5.7 percentage, and "the member states national" average income was 5.5 percent.
Read more at the Denver Business Journal: http://bit.ly/ 2sicgOn
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