Note Great Falls, MT was No. 10!
The Strongest and Weakest Housing Markets
Ten places where home prices are rising, and ten places where prices are tumbling.
By Pat Mertz Esswein, Associate Editor, Kiplinger's Personal Finance
December 2009
The housing market is showing some signs of recovery. Sales are up and prices have stabilized after falling for three years. The ten metro areas that enjoyed the greatest home-price increases over the past year (through June 30, 2009) largely missed the housing boom and didn’t indulge in subprime-lending excesses.
With no boom, these cities had no need to bust. Instead, their housing markets have plugged along at 4% annual price appreciation, below the national average of 6% annually between 1968 and 2008, according to the National Association of Realtors. Most of these areas are relatively small, with populations less than 200,000.
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