From the Rocky Mountain News:

 Denver housing market tops nation at end of 2008

The Denver-area housing market was the best-performing of 20 of the largest markets at the end of last year, losing only 4 percent in the fourth quarter in 2008 from the fourth quarter of 2007, according to the closely watched S&P/Case-Shiller Home Price Indices released this morning. The 20 major markets tracked showed a record 18.5 percent decline, while the 10-city composite in the index showed a 19.2 percent decline, also a record