Five More Markets Reach Full Recovery in May

Five More Markets Reach Full Recovery in May

Report Shows Salt Lake City and Provo-Orem Highest Year-over-Year Increase: 

Housing markets across the country continue to show improvement. Five more markets joined the list of fully recovered housing markets across the country, bringing the number to 19 as of the end of May, according to this month’s Homes.com Rebound Report released Wednesday.

Also, 39 markets are at least 50 percent recovered, meaning prices in these markets have regained at least half the value they lost during the recession. Salt Lake city one of several markets are more than fully recovered, and in fact, five markets have rebounded more than 200 percent since the recession.