What Does the Real Estate Market in Denver Look Like for 2016?

January 19, 2016

Denver Real Estate

What Does the Real Estate Market in Denver Look Like for 2016?

Piggy Bank

2015 turned out to be an unexpectedly fantastic year for the Denver real estate market.  While home values nationally increased by 5.1%, Denver led the pack with 11.7% annual growth over 2014.

So, what can we expect for 2016?  Depending on who you ask, the numbers vary.  The one thing that analysts do agree on is that the growth will continue, with the Denver market again leading the pack.

Clear Capital’s Home Data Index is forecasting an increase of 7.7% in the Denver-Aurora market, with an increase of 1 to 3%.

Zillow’s forecast is a bit more conservative, predicting a 5% increase in the Denver market.

 

Source: Ben Miller, Denver Business Journal, January 12, 2016

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