13663392-states-with-the-strongest-housing-markets?lite

Matt York / AP

The first home in a new Trend Homes community sits under the Arizona flag in Gilbert, Ariz. Real estate experts say the Phoenix metro housing market is recovering faster than other U.S. cities, bolstered by an upswing in home prices and a decrease in the number of houses on the market.

By Douglas A. McIntyre, 24/7 Wall St.

The housing market is showing signs of a recovery, albeit a halting one. In 10 states, median home prices increased by more than 5.5 percent from July 2011 to July of this year. While there is no single reason why housing markets in these states have done so well, most have several things in common.
24/7 Wall St.: American cities adding the most jobs

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