For Multifamily Executive, Hamilton Zanze CEO Kurt Houtkooper details the reasons for optimism about the multifamily market and his company’s plans for 2024.Read
Denver’s Home Prices Rise to Record High
Home prices rose 9.7% year-over-year in May, taking Denver’s Case-Shiller home price index level to 140.98—past the previous high of 140.28 reached in August 2006. The Case-Shiller index tracks single-family home prices in 20 U.S. metros and uses January 2000 prices as a benchmark.
Home prices in Denver have increased for 17 months, helped by buyer demand and low interest rates. As single-family home prices continue increase, would-be homebuyers may be priced out of the market.
Read more at The Denver Post