According to a recent report by Zillow, Denver has 16.6 percent less homes for sale today than in 2014.
In the lowest-priced homes category, that percentage is even higher at 38.7 percent.
Zillow also reported that nationally, rents rose in the second quarter by 4.3 percent in the past year.
In Denver, however, rents jumped by 13 percent year-over-year in the second quarter to $1,265 per month across the Denver metro area.
See the full report here.