Home Prices Continue Upward

Report from Denver Business Journal on CoreLogic price survey results – bottom line – Denver is doing well – 8.4% increase over July 2011!

The Denver real estate market continues to ride a wave of recovery as evidenced by gains in home sale prices, according to the CoreLogic Inc. home price index (HPI) report released Tuesday. The HPI in the Denver-Aurora-Broomfield area, including distressed sales, grew 8.4 percent in July from the same month in 2011, the report states. That’s the sixth month in row that market’s HPI has grown year-over year. That’s also a 1.8 percent increase from June’s revised HPI of 6.6 percent, according to CoreLogic. The company often revises prior month’s HPI as public records data is updated.