Denver Home Living from Your Colorado Home Group Fall 2018 | Page 2

Denver Area Housing Market Still On Track
To See Big Value Increase in 2018
The Denver area housing market will appreciate more than any other market in the U.S. outside of
Washington state in the next year, according to a new report. by Veros Real Estate Solutions.
That prediction would place the residential market values in the Denver-area housing market
at a 9.9 percent increase, behind only the Seattle area (11.1 percent increase), Bellingham,
Washington (10.1 percent) and the Kennewick-Pasco- Richland area in southeast
Washington (10 percent.)
The greater Denver real estate market continues its fifth consecutive year of near
double-digit appreciation. But signs of slowing are beginning to show. However
no long term trends have surfaced.
Rising population growth and low housing inventory are two drivers
of the increase in value appreciation, according to Veros.
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