50 States by appreciation rate.
(June June: see month. 2009 Data, Ranked Worst to Best in Percent Decline from
Peak--Includes District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). )
Rank State Peak Month % Decline 12-Month 12-Month
Since HPI HPI
Peak Change Change
(June (June
2009) 2008)
1 NEVADA MAY 2006 -47.70% -25.39% -24.12%
2 CALIFORNIA JUNE 2006 -45.93% -16.98% -28.94%
3 FLORIDA JUNE 2006 -43.00% -25.13% -18.13%
4 ARIZONA MAY 2006 -37.01% -16.16% -19.75%
5 RHODE ISLAND SEPT. 2005 -29.26% -12.83% -13.52%
6 NEW HAMPSHIRE SEPT. 2005 -22.87% -11.37% -10.01%
7 ILLINOIS AUG. 2006 -21.83% -14.82% -7.43%
8 MINNESOTA AUG. 2006 -21.04% -10.14% -10.15%
9 MICHIGAN AUG. 2005 -20.27% -5.40% -8.44%
10 MARYLAND JULY 2006 -20.21% -11.22% -8.92%
11 OHIO JUNE 2006 -19.98% -11.19% -7.37%
12 DISTRICT OF AUG. 2006 -19.66% -12.57% -4.58%
COLUMBIA
13 HAWAII JULY 2007 -18.57% -6.03% -11.40%
14 NEW JERSEY JUNE 2006 -18.26% -10.26% -7.30%
15 MASSACHUSETTS SEPT. 2005 -17.86% -5.18% -7.79%
16 NEW YORK FEB. 2006 -17.47% 0.82% -11.63%
17 WASHINGTON JUNE 2007 -16.21% -9.67% -7.24%
18 WYOMING AUG. 2007 -16.17% -5.10% -10.74%
19 VIRGINIA JUNE 2006 -16.15% -5.58% -6.86%
20 OREGON JUNE 2007 -16.06% -11.20% -5.47%
21 CONNECTICUT JULY 2006 -15.52% -9.91% -5.18%
22 GEORGIA JULY 2007 -15.08% -8.66% -6.91%
23 MAINE JULY 2008 -9.05% -4.10% -4.44%
24 WISCONSIN AUG. 2007 -8.93% -5.63% -3.31%
25 ALABAMA AUG. 2007 -8.41% -5.18% 0.38%
26 PENNSYLVANIA AUG. 2007 -6.38% -3.65% -1.13%
27 COLORADO JULY 2007 -6.37% -3.97% 1.95%
28 VERMONT JULY 2008 -5.45% -4.22% 0.05%
29 TENNESSEE JULY 2007 -5.38% -3.24% -2.09%
30 LOUISIANA AUG. 2006 -4.96% 0.60% -2.99%
31 KENTUCKY JULY 2007 -4.74% -3.98% -0.12%
32 UTAH MARCH 2008 -4.40% -3.40% 1.23%
33 DELAWARE JUNE 2007 -4.11% -2.34% -1.81%
34 NEBRASKA JUNE 2006 -3.54% -1.09% -2.04%
35 NORTH CAROLINA JULY 2007 -3.07% -2.30% -0.79%
36 SOUTH CAROLINA AUG. 2007 -3.01% -2.38% -0.65%
37 IDAHO MARCH 2008 -3.01% -2.18% 1.03%
38 NEW MEXICO MARCH 2008 -2.72% -2.02% 1.27%
39 ARKANSAS AUG. 2008 -2.33% -1.56% -0.61%
40 NORTH DAKOTA DEC. 2008 -2.33% 0.33% -1.13%
41 IOWA JULY 2008 -2.32% -2.21% 1.24%
42 ALASKA FEB. 2008 -1.50% -0.16% -0.27%
43 WEST VIRGINIA JAN. 2009 -1.16% 3.35% 4.79%
44 MONTANA APRIL 2008 -0.73% 0.70% 3.08%
45 OKLAHOMA JULY 2008 -0.49% -0.27% 1.45%
46 MISSISSIPPI MARCH 2008 -0.40% -0.26% 2.35%
47 TEXAS MARCH 2009 -0.11% 1.36% 3.34%
48 INDIANA MARCH 2008 0.04% 0.17% 1.57%
49 KANSAS JUNE 2009 0.00% 1.24% 0.62%
50 MISSOURI JUNE 2009 0.00% 0.28% 0.56%
51 SOUTH DAKOTA JUNE 2009 0.00% 1.67% 3.48%
SOURCE: First American CoreLogic, a First American company (NYSE: FAF),
Santa Ana. California. LoanPerformance HPI provides a comprehensive set
of monthly home-price indexes and median sales prices covering 7,488
ZIP codes. 956 core-based statistical areas (CBSAs) and 670 counties
located in all 50 states and the District of Columbia. The indexes,
which are the most comprehensive available in the industry, incorporate
more than 30 years' worth of repeat-sales transactions, representing
more than 45 million observations, sourced from First American
CoreLogic's industry-leading property information database.
* HPI refers to the LoanPerformance Home Price Index (HPI). **NOTE: New
York and West Virginia information is incomplete due to delays in
receiving data from county recorder offices for the latest reporting
period.
More information about LoanPerformance HPI and First American CoreLogic
can be found at www.loanperformance.com and www.facorelogic.com.
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