Denver leads housing recovery according to Case-Shiller Home Price Index

Getting timely data on house prices is tricky. The Case-Shiller Home Price Index tracks 20 cities but with a two month time lag. The latest data (August) shows a couple of interesting points emerging about the national housing market. First, Denver and Dallas are the only two cities where prices are now higher than they were at the peak of the housing boom. Second, New York City has had the weakest rebound off the lows of any city. Third, every city has posted a year-over-year gain for every month this year. Tables and charts below: