Home Prices Drop at Slower Pace, an article from The Wall Street Journal, reports that Denver posted a 1.5% gain in home prices in April from the previous month, according to data from the S&P Case-Shiller home-price indexes. "While one month's data cannot determine if a turnaround has begun, it seems that some stabilization may be appearing in some of the regions," said David M. Blitzer, chairman of S&P's index committee.
http://online.wsj.com/article/SB124636417721572777.html
www.judesandvall.com
Denver-area home values show strength, an article from Rocky Mountain News, reports that the Denver-area housing market outperformed all but one market in the 12 months ended in November. According to a national housing report released Tuesday, Denver-area homes lost only 1.1%. This makes Denver the best performing city in the S&P/Case-Shiller Home Price Indices. In the 12 months ended in November, home prices in Denver fell by only 4.3% - only Dallas fared better than Denver.
http://www.rockymountainnews.com/news/2009/jan/27/denver-area-home-values-show-strength/
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