The housing recovery continues across all 20 cities covered by the S&P/Case-Shiller Home Price Indices. The 20-city composite, up 8.1% in the 12 months ended Janaury 2013 with the best year-over-year gain since June 2006 when home prices peaked. Despite these impressive numbers, to 20-city composite is still almost 30% below its peak and home prices. Dallas and Denver — two cities that were not heavily affected by the boom are about 4-1/2% below their peak levels. Most other cities are much farther down. Phoenix, a current high flyer is 44% below its peak and Las Vegas, another recent hot spot, is 55% below its peak. The table summarizes the numbers.