Monday, October 28, 2013

Trulia: real estate demand smaller in Colorado Springs than metro Denver

According to the Trulia price and rent monitor, the Trulia index for asking rents in rental housing was up a meager 0.7 percent in Colorado Springs, and was up 5.5 percent in metro Denver, when measured from September 2012 to September 2013.

In for-sale housing, the asking price index from Trulia was up 2.8 percent in Colorado Springs and 11.4 percent in metro Denver.

Metro Denver demand appeared to exceed the national rate of increase in rental housing. The national index reported by Trulia was up 3.0 percent in asking rents, and up 11.5 percent in asking prices.

Metro Denver was about equal with the growth rate in the national asking price in for-sale housing.