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Article: Denver-area homes fall 3.1% in Nov.(Business)
- Article from:
- Rocky Mountain News (Denver, CO)
- Article date:
- January 30, 2008
- Author:
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Byline: John Rebchook , Rocky Mountain News
Home prices in the Denver area fell by 3.1 percent in November compared with November 2006, ranking it No. 7 out of 20 top markets in the country, according to a national report released Tuesday.
The S&P/Case-Shiller Home Price Indices showed the average one-year change in November for all 20 markets was a 7.7 percent loss, more than twice the Denver-area drop.
From October to November, the Denver- area market fell by 2 percent, compared with a 2.1 percent overall drop in the year-ago period. And from September to October, Denver-area prices fell by 1.7 percent, slightly worse than the 1.4 percent for ...