Articles for Financial Advisors

2013 Housing Recovery

2013 Housing Recovery

By the end of March 2013, housing markets across the U.S. had seen substantial improvements in home prices from a year earlier. The S&P/Case-Shiller indexes below show returns over the past 12 months (March 2012 to March 2013) plus the overall loss from the housing market’s peak in late 2006.

 

U.S. Metropolitan Home Prices

[from March 2012 to March 2013 + since 2006 peak]

 

Area

12 months

From Peak

Atlanta

16.5%

-28.9%

Chicago

5.1%

-34.3%

Dallas

7.1%

-4.5%

Denver

9.9%

-4.5%

Las Vegas

17.6%

-55.0%

Los Angeles

14.1%

-33.5%

Miami

10.4%

-45.2%

New York

1.9%

-24.9%

Phoenix

23.0%

-43.7%

San Francisco

18.9%

-32.1%

Seattle

9.3%

-26.7%

Washington

6.9%

-25.7%

 

 

 

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