Denver Leads U.S. in Declining Home Values, Surpassing Tampa
According to the latest data from the S&P Cotality Case-Shiller Index, Denver has overtaken Tampa as the U.S. metropolitan area with the fastest-falling home values. In February, Denver experienced a 2.2% year-over-year decline in home prices, compared to Tampa's 2.1% drop. This trend is part of a broader pattern where more than half of major U.S. metropolitan areas reported declines in home values. Los Angeles and Washington, DC, also saw decreases, with home values falling by 0.8% and 0.1%, respectively. The national value of single-family homes rose by 0.7% annually, a slight decrease from the previous month's 0.8% rise. The Case-Shiller Index, which reports on a two-month delay, reflects a three-month moving average of home sales prices. 
