Thursday, August 9, 2012

Trulia: Denver asking rents up 10.5 percent, home prices up

According to a report released this week by Trulia, the asking rent in Denver during July 2012 was up 10.5 percent from July 2011. Trulia listed Denver among the metros with the largest increases in asking rents.

Colorado Springs was also included in the report and, according to Trulia, asking rents were up 10.4 percent in Colorado Springs.

Our own survey shows increases in rent also, although our data, which is based on actual rents collected via survey, shows smaller increases, year over year.

Trulia also reported that aksing prices for homes were also up in Colorado Springs and Denver metro, with asking prices up year over year by  4.2 percent and 8.6 percent, respectively.

See our home price archive for more complete info.

Based on asking rents and asking prices, this data shows some pretty large increases. Actual prices and rents increased, but, predictably, by smaller amounts according to a variety of other sources. See the data archives for recent data releases.