Denver Housing Market Tops in Nation

Data just released from S&P/Case-Shiller Home Price Indices, shows the Denver Housing market as the best performing of the 20 largest markets in the country.  While we still lost 4% (year over year) during the fourth quarter, the combined decline of these markets was 18.5 percent.

The nationwide property value decrease continues to set records for the losses, but the Denver area has stopped the bleeding, and should soon show signs of recovery.

Denver, Dallas, Cleveland and Boston fared the best in terms of annual declines, according to the report.  As far as cities on the other end of the spectrum, Phoenix led the slide at 34 percent.  Las Vegas at 33 percent, followed by San Francisco at 31 percent.  In all, eight cities reported declines of more than 20 percent.