Nation outpaces Denver in decline in home prices
John Rebchook, Rocky Mountain News
Published September 26, 2007 at midnight
Home prices in the Denver area have fallen much less than the nation as a whole, according to a closely watched, national report.
The S&P/Case-Shiller Home Price Indices shows that home prices in the Denver area dropped by 0.7 percent through July, compared to a 3.9 percent drop for the composite of all 20 cities.
And for the 10 cities, including Denver, which the report has been tracking longer than all 20 metropolitan areas, the trend was even more negative with a 4.5 percent drop.
The top performing metropolitan area was Seattle at 6.9 percent, followed by Charlotte, N.C., at 6 percent. Other cities faring better than Denver included Portland at 3.8 percent; Atlanta at 1.2 percent; and Dallas at 0.8 percent.
Metropolitan areas that showed bigger percentage declines than Denver included Boston, Chicago, Las Vegas, New York, Los Angeles, San Francisco and Washington, D.C.
Featured
-
DNC in Denver
Complete coverage of the 2008 Democratic National Convention.
-
The Crevasse
A five-part series that examines one tragic day on Mount Rainier.
-
Deadly denial
Sick nuclear workers applied for government compensation but most haven't seen a dime.
-
Final Salute
The Rocky followed Maj. Steve Beck as he took on the most difficult duty of his career.
-
'Colorado's burning'
Coverage of the state's worst wildfires.
-
Columbine shootings
Coverage of the April 20, 1999, shootings at Littleton's Columbine High School.
-
The Crossing
Colorado's deadliest traffic accident killed 20 children on Dec. 14, 1961.
-
Osveli's journey
Osveli Sales left Guatemala for a better life. Two months later, he came home in a box.
-
Wake for an Indian warrior
Oglala Sioux bestow a tribute to the first tribal fatality in Iraq.
