CaseLogic forecasts housing prices will rise 5.3% by next August. The increase would see home prices hit a new peak in 2017.
In the Denver Metro area the average sale price in September was $375,314 this includes both single family attached and detached ( Aurora, Northglenn, Westminster, Lakewood, Thornton, Arvada, Englewood, Edgewater, Centennial, Littleton, Bloomfield, Denver, Golden, Lone Tree)
There was a slight rise in active inventory of 1.10% year over year (for the Denver metro area-single family and condos).
Construction spending on single-family homes was down slightly in June but up 4.8% over last year. June also saw increased spending on home improvements.
A new trend in kitchen design is to use mixed colors in cabinetry and countertops. A recent survey found 42% of remodelers used multiple colors.
Home price reports show nationwide prices up 5.7% year-over-year in June. Prices are expected to continue to increase at a healthy rate for the next year.
Home price reports show nationwide prices up 5.7% year-over-year in June. Prices are expected to continue to increase at a healthy rate for the next year.
For week ending August 5, 2015
Construction spending on single-family homes was down slightly in June but up 4.8% over last year. June also saw increased spending on home improvements.