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Report shows increased housing prices in Colorado Springs, U.S.


According to Quantum Residential Group’s 3rd Quarter Market Report for 2017, the median price of homes in Colorado Springs has increased to $268,300, up $250,600 the same time last year. “With a pace like this the Pikes Peak region continues to draw ...


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Home prices in Colorado Springs have increased 8.7 percent since last year and will continue to increase year-over-year, according to a CoreLogic Home Price Index and HPI Forecast released Nov7. This is higher than Colorado’s 8.2 percent increase and Denver’s 8.4 increase since last yearHome prices across the U.Sincreased by 7 percent since last September, according to the report “Heading into the fall, home price growth continues to grow at a brisk pace,” CoreLogic Chief Economist Frank Nothaft said in a news release“This appreciation reflects the low for-sale inventory that is holding back sales and pushing up prices.” According to Quantum Residential Group’s 3rd Quarter Market Report for 2017, the median price of homes in Colorado Springs has increased to $268,300, up $250,600 the same time last year. “With a pace like this the Pikes Peak region continues to draw buyers from across the nation who recognize the strong recovery of our housing market,” the report said. In Q3, El Paso County saw the sale of more than 4,900 homes, which passed last year’s Q3 by 9 percent and set a 10-year record when it hit more than 4,500 home sales, according to Quantum’s report. - Advertisement -

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