Monday, September 10, 2012

Trulia: Asking rents up in Denver, Colorado Springs in August

According to a report released last week by Trulia, the asking rent in Denver during August 2012 was up 9.9 percent from August 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 6.9 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 asking prices for homes were also up in Colorado Springs and Denver metro, with asking prices up year over year by  4.3 percent and 8.9 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 in other data, but, as expected, by smaller amounts.