January’s report was disappointing as 16 cities saw prices fall month to month and eight made new post-crisis lows. Atlanta and Detroit are the hardest hit based on current levels. However, Detroit has rebounded from its low by a larger percentage than any city except for Washington DC. Across all 20 cities, the average gain from the low is 2.3%; if one only counts those above their lows the average would be 3.6%. The biggest drop from peak to bottom,61.6%, got a little bigger as Las Vegas hit a new low. Among the Sun Belt, Las Vegas and Tampa continue to drift lower; Miami and Phoenix are at least not making new bottoms. The table gives the overall data.
The city ranks by their peak level, trought, percentage delcine and rebounds are shown on the second table: