Denver Business Journal - Home prices in Colorado grew by 9.8 percent in February, the fastest rate of growth anywhere in the country, according to CoreLogic's latest Home Price Index, released Tuesday.
In metro Denver, home prices grew even faster at 11.1 percent between February 2014 and February 2015. Both the Colorado and Denver growth figures cover distressed properties, which include foreclosed or real-estate owned (REO) homes.
Nationwide, home prices increased by 5.6 percent, according to CoreLogic (NYSE:CLGX), an Irvine, California-based analytics firm. The U.S. has experienced 36 months of year-over-year home price increases, CoreLogic said, and prices are expected to grow by 5.1 percent nationwide from February 2015 to February 2016. Read More at Denver Business Journal
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