States with the strongest housing markets

Colorado made the list at #5 with a 1 year home-price change of +7.3% and a median home price of $240,000. The Colorado housing market was not badly damaged when the housing bubble broke. Home prices dropped 9.5% from the first quarter of 2007 to the first quarter of 2012. Colorado home prices are forecast to recover at 3.7% between the first quarter of this year and the first quarter of next year. Over the longer period from the first quarter of this year until the first quarter of 2017, prices are expected to improve 2.4% per annum. Read More

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