Home prices jump nearly 10 percent around Denver

If you're buying a house, this news might depress you a little bit.

KUSA - If you're in the market to buy a house, brace yourself for some sticker shock.

Home prices are spiking in the metro area, jumping nearly 10 percent in March.

That's according to a new report from the real estate analysts at Core Logic.

Prices in Denver, Aurora and Lakewood accelerated about twice as fast as they'd been growing for the last three years.

The area around Denver is growing faster than most major markets, including Los Angeles, San Francisco and New York.

The report says we could return to pre-recession high-water mark prices by the second half of this year.

© 2017 KUSA-TV


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