The monthly Standard & Poors /Case-Shiller Home Price Indices said average prices of existing homes in Denver fell 4 percent between December 2007 and December 2008, less than any of the other 19 cities in the report. The average decline among the 20 cities was 18.5 percent, S&P said.
All 20 metro areas are reporting negative monthly and annual rates of change in average home prices. Denver is reporting a relative improvement in year-over-year returns, in terms of lesser rates of decline than last month's values.
http://www2.standardandpoors.com/spf/pdf/index/CSHomePrice_Release_022445.pdf
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