home prices denver 2016: 2015 Denver Real Estate Market Recap
- 01/08/16 01:57 AM
And a Look Ahead to a More Balanced Market in 2016Fueled by the low housing inventory and continued population growth, the Denver real estate market experienced another strong year of price appreciation. In January 2015, Denver was on Forbes Magazine’s list of the Top 10 Fastest-Growing Cities. After averaging an annual appreciation rate of nearly 12% since 2012, local and national economists project that our market will continue to experience positive appreciation in the 5% to 8% range through 2018, before we shift to a more historical appreciation rate of 3% to 5% in the subsequent years. Colorado is a great place … (0 comments)
And a Look Ahead to a More Balanced Market in 2016Fueled by the low housing inventory and continued population growth, the Denver real estate market experienced another strong year of price appreciation. In January 2015, Denver was on Forbes Magazine’s list of the Top 10 Fastest-Growing Cities. After averaging an annual appreciation rate of nearly 12% since 2012, local and national economists project that our market will continue to experience positive appreciation in the 5% to 8% range through 2018, before we shift to a more historical appreciation rate of 3% to 5% in the subsequent years.
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