Louisville Real Estate News

Louisville Ranks in the Top 20 Strongest Housing Markets

Posted 2017-07-21

From Louisville Business First ...

Only 20 U.S. housing markets have bounced back strongly from the Great Recession of 2007-09 — and Louisville is ranked among them. The Louisville metropolitan statistical area shot up from 197.94 points in the first quarter of 2007 to 239.48 in the corresponding period this year, yielding a gain of 21.0 percent in the value of a typical home. Louisville's 10-year increase of 21 percent puts the market in 20th place. Roughly a third of the top 100 markets (37, to be precise) are still underwater, with average house prices that are lower today than before the recession.

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