This is good news…
Denver home prices up 1.8% in June from 2009, says Case-Shiller Index
For the eighth month in a row, home prices in the Denver area showed a year-over-year price increase in June, rising 1.8 percent from June 2009, but the pace of yearly price growth has slowed, according to the latest S&P/Case-Shiller Home Prices Index, released Tuesday.
Also, local prices rose 0.7 percent in June from May levels.
But both price increases were below the average for the 20 U.S. cities tracked by the closely-watched Case-Shiller report from Standard & Poor‘s.
June’s year-over-year price increase in Denver was smaller than the 3.6 percent annual rise in May and the 4.4 percent increase in April, which was the largest of the last six months.