US Home Prices Rise; Denver Near Top, Again
San Francisco saw its home prices jump 10.4 percent, leading the nation. Dallas came in third at 8.7 percent.
“Prices of existing homes and housing overall are seeing strong growth and contributing to recent solid growth for the economy,” David M. Blitzer, managing director and chairman of the Index Committee at S&P Dow Jones Indices said in a press release.
Since 2000, Denver home prices have risen by about 70 percent.
Denver has now hit record price levels every month for about the last year and a half. That's striking, because home appreciation nationally has been slow since mid-2014. Denver and Dallas are still the only two cities tracked by S&P to surpass pre-recession highs.
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