Denver leads nation in home value losses after post-pandemic surge
about 11 hours ago
Denver's housing market has experienced a significant downturn, with home values falling 2.2% year over year in February, marking the steepest decline among major U.S. metros. This decline is driven by increased inventory, rising insurance costs, and reduced demand for condominiums and townhomes, which are substantial segments of Denver's market. The trend contrasts with national growth and highlights a broader cooling in previously high-demand secondary markets, while Northeast and Midwest cities like Chicago and New York show strong growth.