Markets & Economy

Prices still at or below peaks in 8 of 10 US counties

RealtyTrac heat map shows prices in relation to peaks in 1,567 counties

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A county-by-county analysis of home prices over the last decade by RealtyTrac shows that most haven't fully recovered from the housing bust, with prices still down 30 percent or more from peaks in nearly half of all counties analyzed. RealtyTrac's analysis showed that picture is rapidly changing, with median prices reaching new peaks this year and last in 315 counties, or 20 percent of the 1,567 counties analyzed. New highs were seen in 43 counties in March alone. Major population centers hitting new 10-year peaks this year and last included Kings County (Brooklyn), New York; New York County (Manhattan); Travis County, Texas (Austin); Honolulu County, Hawaii; Marion County, Indiana (Indianapolis); San Francisco County, California; Jefferson County, Kentucky (Louisville); Oklahoma County, Oklahoma (Oklahoma City); Davidson County, Tennessee. (Nashville); Kent County, Michigan (Grand Rapids); and Denver County, Colorado. RealtyTrac Vice President Daren Blomquist explains t...