Appreciation in Denver

I read an article in the USA TODAY that stated home prices are growing in almost every metro area in the United States. Of course the Denver area has an N/A behind it for the percent change since 2004. However, I still believe it is increasing. The Denver market is slowly growing, around 3% per year, where as Phoenix has increased 55% in a year, and Los Angeles is at 22% (which is down from where is was the past two years). It could be worse, one could live in Elmira, New York which has decreased –5.5% since last year. Overall, Denver is due for a rebound in the next year or two where I will expect to see bigger increases around the 10% mark.