July 2018 - July 2019 Real Estate MSA Ranking

[James Park]

Here are the performance by each major city from July 2018 to July 2019. The top four performing cities year over year are #1) Nashville, TN #2) Phoenix, Arizona #3)

[James Park]

@Mark Gliebe, Sorry for some reason, my post got cut off. I explain the peak and trough number in my second paragraph.

Here are the performance by each major city from July 2018 to July 2019. The top four performing cities year over year are #1) Nashville, TN #2) Phoenix, Arizona #3) Dallas, TX #4) Las Vegas, NV. The bottom four performers are #24 Seattle, WA (first city to show a negative appreciation number this year), #23 San Francisco, CA, #22 New York, and #21 Los Angeles. I see a trend with more and more of the east coast and midwest population migrating to the South.

In my analysis, the peak value & date is the last real estate peak before the downturn. The trough value & date is the last real estate bottom before the reversal. Who would have ever thought that a city like Nashville, Tennessee would be the #1 performer in 2019 vs least performing cities like Seattle, San Francisco, New York, and Los Angeles in 2019. The cities in the bottom 4 are most likely to first see red numbers in the years ahead.