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Denver-Area Housing Market Tops the List

Thursday, January 7th, 2010 at 4:18pm. 512 Views, 0 Comments.

BoulderHomeResource.com

In the closely-watched S&P/Case-Shiller report released today (see above chart), Denver was the top performer out of the 20 major metropolitan housing markets tracked.  Specifically, Denver’s housing market showed only a a 0.1 percent dip in year-over-year prices in the year ending in October, 2009, compared with an overall drop of 7.3% for the 20 areas in the report.  The 10-city index in the report declined overall by 6.4%.  The worst market performer . . . Las Vegas, which declined 26.6% during the same period.

Tom Clark, executive vice president of the Metro Denver Economic Development Corp., said that Denver’s No. 1 ranking is the latest sign that Denver’s economy is out-performing the nation’s.  “Job growth does matter,” Clark said. “What a…

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