Slide Show | May 2011
10 Cities Where Home Prices Have Held Up MostFollow @PatEsswein
The remainder of the top ten is a geographically diverse mix of oil-industry centers, cities that largely missed the real estate boom and areas that were among the hardest hit by the bust.
Most benefited from a spike in sales due to the home-buyer's credit in the first half of 2010. But the pervasiveness of the housing bust and the soft economy led to a falloff in sales after that, meaning the change in home prices even in the best markets is barely positive.
All of the metropolitan areas we've ranked have a population of at least 500,000. Change in home prices reflects the one-year period through December 31, 2010, when the national average was -4.1%. Unemployment rate is as of February 2011, when the national average was 9.5%. Foreclosure rate is as of March 31, 2011, when the national average was around 0.5%.
Find out which cities made our top ten list.
Sources: Fiserv Case-Shiller, National Association of Realtors, Bureau of Labor Statistics, RealtyTrac, Data Quick, Trulia.com, metro-area multiple-listing services 10 Cities Where Home Prices Have Held Up Most