Denver area home prices in September reached their highest level in nearly five years, according to the latest S&P/Case-Shiller Home Prices Index, released Tuesday.  Metro Denver home resale prices have not been as high since October 2007.  For the ninth straight month, metro Denver posted a year-over-year increase in home prices in September, at a pace that eclipsed all but five of the nation’s 20 largest markets, the report said.  Denver prices were up 6.7% in September from the same month of 2011.  Denver prices also rose 0.4% in September from the previous month, not seasonally adjusted, and were up 1% after seasonal adjustment.

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