Denver housing market top in nation at end of 2008
February 26, 2009
DENVER REAL ESTATE- The Denver area housing market was the best-performing of the 20 largest markets at the end of last year, losing only 4 percent in the fourth quarter from the fourth quarter of 2007, according to the closely watched S&P/Case-Shiller Home Price Indices released Tuesday morning. The 20 major markets tracked showed a record 18.5 percent decline, while the 10-city composite in the index showed a 19.2 percent decline, also a record.
From November to December of last year, the Denver-area housing market lost 1.5 percent. Only Boston did better, losing 1.3 percent.
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