The pace of year-over-year growth in metro-Denver home prices continues to speed up, and the region has set a new record high for resale prices.
Denver’s Case-Shiller home price index reached 158.17 in December (an all-time high) topping November’s index reading of 157.39. An index reading of 158.17 means that local home resale prices averaged 58.17 percent higher than they were in the benchmark month of January 2000.
December was the 36th consecutive month with a year-over-year gain in Denver prices, and Denver topped all but two major cities for home-price gains, both year-over-year and from the previous month.
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Click here for historic Denver price data from S&P Dow Jones Indices.