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Denver Metro Area Sees Record Rise In Home Prices For August

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(credit: CBS)

(credit: CBS)

DENVER (CBS4) – Home prices in the Denver metro area rose faster in August than any time in the last 6 years — and they hit record levels in Denver.

The new numbers come from the Standard & Poor’s Case-Shiller Index, which monitors home prices.

In Denver prices were up 10.1 percent in August from August of last year.

All 20 cities surveyed show year-to year gains. The biggest price increase came in Las Vegas where home prices shot up 29 percent August to August.

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