Prices grew an average of 10% annually in 2014-2016. They grew 8% in 2017. Our historical appreciation rate from 1971 to 2016 averaged just over 6% per year. Much of the above-average gain is due to the severe shortage of small (affordable) homes available to sell. The mix has shifted to higher end properties. In our view, smaller size segment appreciation will continue to outpace larger home categories in 2019. All data is derived from REColorado, Colorado’s top Multiple Listing Service.
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