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Report: Denver home prices on the rise, but pace slowing down

Denver surpassed Los Angeles this month — the California city was up 8.1 percent from the previous March.
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Sold Home For Sale Real Estate Sign in Front of Beautiful New House.

DENVER BUSINESS JOURNAL - Metro Denver's year-over-year gain in home-resale prices stood at 8.6 percent in March, which was just slightly higher than the 8.4 percent reported in February.

That's according to the latest S&P/Case-Shiller Home Prices Indices report, released Tuesday morning.

It is up a full percent from January's year-over-year gain, 7.6 percent, according to the closely-followed monthly report series.

In March, only three major U.S. cities showed greater year-over-year price increases out of 20 big markets tracked by the Case-Shiller report series: Seattle (up 13 percent from the previous March), Las Vegas (up 12.4 percent) and San Francisco (up 11.3 percent).

Read more at the Denver Business Journal.