John Rebchook has more than 25 years experience writing about residential and commercial real estate. In Denver homes No. 1 in U.S., CoreLogic reports, Rebchook reports January home prices were up 11.8% year over year placing Denver No. 1 in the largest increase in prices. Circling back in May, Denver is still at the top of the charts with 10.9% home appreciation rate year over year.
10.9% home appreciation in Denver area.
10.9% appreciation tops any major market, CoreLogic report shows.
Bidding wars already common in metro area.
Active: 3275 Quail St.
Denver-area single-family home prices rose 10.9% in March compared with March 2015, according to a national report released on Tuesday.
The San Francisco area was No. 2, with year-over-year appreciation of 9.3%
Colorado showed a 10% year-over-year appreciation in March, tied for second place with Oregon.
Washington was No. 1, with a 13 percent increase.
Overall, single-family home nationwide rose by 6.7% on a year-over-year basis.