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Metro Denver home sales drop but homebuyers aren’t seeing any relief

Sales down a fifth last month and yet home prices barely budge

A house for sale on Corona Street in Northglenn.
Seth McConnell, The Denver Post
Home sales fell by a fifth last month compared to August, but prices continue to hold up.
DENVER, CO - NOVEMBER 8:  Aldo Svaldi - Staff portraits at the Denver Post studio.  (Photo by Eric Lutzens/The Denver Post)
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Getting your player ready...
The Daily Mortgage News reported the average rate on 30-year loans is now around 7.7%. Across several measures, the metro Denver housing market is softening. But buyers still aren't getting what they really want — a significant drop in prices.
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