Home price appreciation sluggish for area cities
Colorado ranked No. 45 among the states in housing price appreciation during the first quarter of 2006, according to the latest report from the Office of Federal Housing Enterprise Oversight.
The report showed appreciation in Colorado averaged 5 percent from the first quarter of 2005. The national average was 12.5 percent. The report is based on repeat sales of homes during the quarter.
Among metropolitan markets, Northern Colorado cities are among the most sluggish in appreciation. Fort Collins-Loveland ranked No. 234 out of 275 cities, at 3.9 percent; Greeley ranked No. 256, with 2.74 percent appreciation, and Boulder ranked No. 258, at 2.53 percent.
Other Colorado cities in the rankings included Grand Junction, 109 and 11.1 percent; Colorado Springs, 160 and 7 percent; Pueblo, 194 and 5.5 percent, and Denver-Aurora, 248 and 3.24 percent.
Another regional city in the survey was Cheyenne, Wyo., which ranked No. 147 with 7.9 percent.
Colorado ranked No. 45 among the states in housing price appreciation during the first quarter of 2006, according to the latest report from the Office of Federal Housing Enterprise Oversight.
The report showed appreciation in Colorado averaged 5 percent from the first quarter of 2005. The national average was 12.5 percent. The report is based on repeat sales of homes during the quarter.
Among metropolitan markets, Northern Colorado cities are among the most sluggish in appreciation. Fort Collins-Loveland ranked No. 234 out of 275 cities, at 3.9 percent; Greeley ranked No. 256, with 2.74 percent appreciation, and Boulder ranked No. 258, at…
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