Business

10 States Where House Prices Are Up Most Since the Recession, Including Colorado


In recent weeks, a number of studies have been released that help explain why housing prices in Colorado are currently so high.

One of the latest comes from FindTheBest.com, which set out to track housing prices in American cities today as compared to how much residences cost during the peak period just prior to the Great Recession, generally said to have begun in 2008.

The prices in quite a few states are currently above the pre-recession figures, although many haven't topped the rate of inflation in the seven or so years since then.

A 10 percent boost appears to be a realistic estimate. According to the inflation calculator tool created by the Bureau of Labor Statistics, $100,000 had about the same buying power in 2008 as $109,891.18 does today.

And Colorado? It's no surprise that the state is near the top of the price pyramid.

Count down the photo-illustrated top ten below, followed by a heat map of the United States that allows you to get facts and figures on all fifty states, plus additional data with just a click.

Number 10: New York
Peak Price Date: November 2006
Up 2.64%

Number 9: Alaska
Peak Price Date: July 2007
Up 4.08%

Number 8: Oklahoma
Peak Price Date: August 2008
Up 5.49%

Number 7: Nebraska
Peak Price Date: July 2006
Up 5.84%

Number 6: District of Columbia
Peak Price Date: May 2006
Up 8.37%

Number 5: Wyoming
Peak Price Date: October 2007
Up 9.95%

Number 4: South Dakota
Peak Price Date: July 2008
Up 10.35%

Number 3: Texas
Peak Price Date: July 2007
Up 13.74%

Number 2: Colorado
Peak Price Date: July 2007
Up 14.50%

Number 1: North Dakota
Peak Price Date: September 2009
Up 29.78%
Market Trends | FindTheHome
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Michael Roberts has written for Westword since October 1990, serving stints as music editor and media columnist. He currently covers everything from breaking news and politics to sports and stories that defy categorization.
Contact: Michael Roberts