Top 10 Cities With Rising Home Prices

Case-Shiller Index for September shows more promising data

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Top 10 Cities With Rising Home Prices

6. Denver

denver185 Top 10 Cities With Rising Home PricesYOY Increase: 6.7%

Out in Denver, prices posted a 0.4% gain in September from the month prior, contributing to the city’s 6.7% improvement since the same time in 2011.

While the month-over-month growth slightly lagged behind August’s 0.5% increase, the one-year gain was better than the month before.

More good news came out of Denver in the third quarter. The number of resales increased by 15% year-over-year, for example, while the average number of days on market fell by a whopping 37%. On top of that, inventory fell by 11% — more than three times the decline in the rest of the state, according to the Denver Business Journal.


Article printed from InvestorPlace Media, http://investorplace.com/2012/11/top-10-cities-with-rising-home-prices/.

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