Veros Real Estate Solutions is predicting that Denver home prices will rise by 9.9% this year, the highest increase outside of Washington state. Nationally, they are predicting that home prices will rise 4.3%. Why are our home prices rising so fast? Veros says population growth and low housing inventory are the 2 key drivers of our real estate market.
Veros has been the most accurate predictor nationally of real estate values in Denver and I believe they will be right on again this year. If anything I believe we could see appreciation this year of 12%.