We continue to get great news in terms of housing prices and the worst be over.
By every measure, except foreclosures, the housing market has stabilized and many areas are recovering including the Denver market. Nationwide, home resales in June are up 9% from January, on a seasonally adjusted basis. Sales of new homes have climbed 17% during the same period. And construction, while still anemic, has risen almost 20% since the beginning of the year.
Even home prices, down one third from the top, edged up in May, the first monthly increase since June 2006.
Read more in the latest from USA Today. Enjoy!
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