Reply #3: Look at all 20 markets [View All]

In the seasonally adjusted Case-Shiller report, the following metro areas were up:

Phoenix, LA, San Diego, San Francisco, Denver, Washington, Tampa, Boston, Detroit, Minneapolis, Las Vegas, Cleveland

The following metro areas were down:

Miami, Atlanta, Chicago, Charlotte, New York, Portland, Dallas, Seattle.

If you plot the index per city over the last year, many of the areas are off the bottom made last Spring/Summer, and are relatively flat for the last few months.

Current prices range from 5% below the peak in Dallas to 56% below the peak in Las Vegas. Of course, the liberalization of gambling laws in other states has pretty much eliminated Las Vegas' reason to exist.