Monthly Roundup October: DMAR in the News

The New York Times

Housing Market Slows, as Rising Prices Outpace Wages

“The local economy is still fantastic, all the fundamentals are there, but obviously wages are not keeping pace,” said Steve Danyliw, a Denver REALTOR®. “As the market continues to move up, buyers are being pushed out.” ....Read more

5280

Is Denver’s Real Estate Market Cooling Off?

"...though prices are still increasing, “it’s no longer double-digit growth,” says Steve Danyliw, chairman of the Denver Metro Association of REALTORS®’ Market Trends Committee, which releases monthly reports highlighting housing trends and market activity." ....Read more

USA Today

Housing market slows as prices and rates rise, helping buyers in Denver, other cities

"In Denver, housing inventory is up 16.1 percent from a year ago, according to the Denver Metro Association of REALTORS®. Yet just 3,983 homes were sold last month, down from 4,994 a year earlier."  ....Read more

Denver Post

Major cold front slams Denver housing market in September

"Home sales in the Denver Metro area fell precipitously in September, forcing sellers to cut their asking prices and pushing up the inventory of properties available for sale at an unprecedented rate, according to a monthly update from the Denver Metro Association of REALTORS®."  ....Read more

Denver Business Journal

Inventory is up and prices are down in Denver's housing market

"Denver metro home inventory is up 7 percent from last month, and more than 16 percent year over year. That's according to the Denver Metro Association of REALTORS®' most recent report."  ....Read more

Denver7

Fox31

Denver is not as much of a seller’s market as it used to be​

"The Denver Metro Association of REALTORS® reported a striking fall in demand from last month. In September, the sale of single-family homes in the metro area went down 30.5 percent compared to August, according to DMAR data."  ....Read more