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Drop in metro Denver home sales will be steeper than expected

Realtor group predicts second half of year will be different from first half

A new study shows that it ...
A new study shows that it could take renters nationwide nearly 6 1/2 years to save for a down payment on a house. It’s nearly double that time period in Colorado. (Matthew Staver, Bloomberg)
DENVER, CO - NOVEMBER 8:  Aldo Svaldi - Staff portraits at the Denver Post studio.  (Photo by Eric Lutzens/The Denver Post)
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Metro Denver's housing market is facing some major headwinds that will contribute to a larger than expected drop in home sales and slower than predicted price gains, according to an update from the Denver Metro Association of Realtors.
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