- Jan 13:
- Home sales increase in Colorado — and so do prices
- Jan 12:
- Report: Denver commercial real estate finishes 2015 strong
- Denver ranks as Zillow's "hottest housing market" in 2016
- Most bargains in Denver home listings aren't bargains, study shows
Housing costs drove inflation higher in Colorado Front Range communities during the second half of 2015, according to data released Wednesday by the U.S. Bureau of Labor Statistics.
The Denver-Boulder-Greeley Consumer Price Index increased 1.4 percent from the second half of 2014, but the increases are slowing. In the second half of 2014 inflation was up 2.7 percent.
Shelter costs — both rent and ownership — were up 5.8 percent from the second half of 2014, one of the highest rates in the country, according to BLS regional economist Stanley Suchman.
Food costs were unchanged while energy costs sunk 19 percent — led by cheaper prices for motor fuel and utility gas service.
When removing the volatile food an energy prices, core inflation was 3.5 percent.
In December, the U.S. Consumer Price Index fell 0.1 percent on an annualized basis.