Rising home prices in two of Colorado’s largest real estate markets did not slow down in the final months of 2021 when home buying typically cools off because of the change in seasons. Denver is mostly in line with national real estate trends. Experts predict inventory will stay low while home values will continue to appreciate, although perhaps at a slower rate in 2022 than in 2021, reports The Denver Business Journals.

In the luxury market, Denver has more buyers willing to spend $1 million or more on their home than in any other time on record, said Jenny Usaj, a market trends committee member, in her commentary.