| Nation’s best and worst home price declines | ||
| Percent change in home prices since 2006 peak | ||
| Rank | Region | Decline |
| 1 | Buffalo-Niagara Falls, N.Y. | -4.1% |
| 2 | Tulsa, Okla. | -4.8% |
| 3 | Houston | -4.9% |
| 77 | Washington | -26.7% |
| 98 | Cape Coral-Fort Myers, Fla. | -56.1% |
| 99 | Stockton, Calif. | -58.6% |
| 100 | Modesto, Calif. | -59.6% |
| Source: The Brookings Institution | ||
The region’s home values are among the slowest in the nation to recover from their 2006 pricing peak, according to a new report. The Washington area, which includes Northern Virginia, the Maryland suburbs and parts of West Virginia, ranks 77th in the country’s top 100 metropolitan areas, according to the Brookings Institution’s MetroMonitor report released Wednesday.
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