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Most property markets have recovered from the housing crash in the US

September 13, 2018 / Zillow

While the residential property market has recovered in the United States a decade after the housing crash, millions of homeowner are still waiting to regain the value that has been lost. Overall, the median home value nationwide is 8.7% higher than it was at the height of the housing bubble and 21 of the top 35 metros have more than recovered from the bust, according to the latest analysis from real estate firm Zillow. But it is not a universal recovery. While San Jose and Denver lead the recovery with huge gains, locations such as Las Vegas, Orlando, and Chicago have been the slowest to recover.