Report: Denver among US cities with the fastest declining housing affordability

The Denver metro area is among the likes of the San Francisco Bay Area and Seattle when it comes to home price appreciation outpacing income growth, according to a new report from Nationwide insurance.

Nationwide’s “Health of Housing Markets” report looked at relative affordability – home prices in relation to income per capita – and found that among major metropolitan areas, Denver had the 5th steepest decline in affordability over the past year.

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