MarketWatch staffer Catey Hill reports on an Owners.com analysis, which examined median home prices for single-family, three-bedroom homes from the August-September 2014 period to August-September 2015.
Denver had the fastest home price growth out of the 25 cities analyzed by Owners.com. Hill also looks at prices through the filter of RealtyTrac and S&P/Case-Shiller Index, and CoreLogic analysis. She writes:
Real estate analytics firm CoreLogic notes that Denver is one of only 14 markets in the country that is now overvalued, meaning that home prices in the area were 10% or more over the long-term sustainable level (which measures home affordability based on per capita income levels in the area).