Prices appear to have bottomed in October 2011, and have since returned to June 2010 levels.
The 5.60% average of increase in home values nationally is made up of regional averages. The Mountain region leads the increases in home values. Here is a sampling of the annual Home Price Index data from the FHFA's 9 U.S. regions (Oct-Nov 2012) :
- Pacific : +11.1% (Hawaii, Alaska, Washington, Oregon, California)
- Mountain : +14.8% (Montana, Idaho, Wyoming, Nevada, Utah, Colorado, Arizona)
- Middle Atlantic : +0.5% (New York, New Jersey, Pennsylvania)
- East North Central : +2.3% (Michigan, Wisconsin, Illinois, Indiana, Ohio)
- South Atlantic : 7.0% (Delaware, Maryland, District of Columbia, Virginia, West Virginia, North Carolina, South Carolina, Georgia, Florida)
Nationwide, home values remain roughly 15% below the April 2007 peak.