Chicago was the last of 25 major U.S. metro areas where home prices fully recovered their losses since the 2007 peak, according to the Federal Housing Finance Agency.
Metropolitan area | Quarter fully recovered | Q4 2020 (compared to 2007 peak) |
---|---|---|
Denver | 2012 Q2 | |
Dallas | 2012 Q2 | |
San Francisco | 2013 Q2 | |
Houston | did not dip below 2007 values | |
San Antonio | 2012 Q2 | |
Charlotte, N.C. | 2014 Q4 | |
Seattle | 2015 Q3 | |
Portland, Ore. | 2015 Q2 | |
Atlanta | 2015 Q3 | |
Boston | 2015 Q1 | |
San Diego | 2016 Q1 | |
Philadelphia | 2016 Q1 | |
Tampa, Fla. | 2017 Q4 | |
Detroit | 2017 Q2 | |
Minneapolis | 2017 Q1 | |
Los Angeles | 2017 Q2 | |
Phoenix | 2018 Q2 | |
St. Louis | 2016 Q4 | |
Washington, D.C. | 2017 Q2 | |
New York City | 2017 Q3 | |
Miami | 2019 Q3 | |
Orlando, Fla. | 2019 Q2 | |
Riverside, Calif. | 2020 Q1 | |
Baltimore | 2020 Q3 | |
Chicago | 2020 Q4 |