Denver Home Prices at an All-Time High

Single-family home prices in Denver climbed even further in June, rising 9.4% annually to reach a new all-time high. After 18 straight months of year-over-year home price increases, Denver’s prices are 43.37% above January 2000 levels. During the recent recession, prices fell for 36 consecutive months, culminating in February 2009’s annual decrease of 5.7%.

Across the country, June home prices jumped 12.9% year-over-year on average in the 20 metros that S&P/Case-Shiller Index tracks. Las Vegas (24.9%), San Francisco (24.5%), and Phoenix (19.8%)—three real estate markets heavily affected by the recession—registered the largest annual increases.

Read more at Denver Business Journal.