50 States by appreciation rate.

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50 States by Appreciation Rate (September 2011 Data, Ranked Worst to Best in Percent Decline from Peak--Includes District of Columbia). Rank State Peak % Decline 12-Month HPI Change (Sept. Month Since Peak 2011) 1 NEVADA MARCH -58.15% -11.95% 2006 2 ARIZONA JUNE -52.14% -8.75% 2006 3 FLORIDA OCT. -48.09% -4.78% 2006 4 MICHIGAN NOV. -43.09% -2.44% 2005 5 CALIFORNIA APRIL -42.05% -5.80% 2006 6 IDAHO JULY -38.35% -5.51% 2007 7 UTAH JUNE -30.96% -3.82% 2007 8 ILLINOIS OCT. -29.09% -8.22% 2006 9 RHODE ISLAND OCT. -28.47% -4.28% 2005 10 HAWAII SEPT. -27.53% -3.16% 2006 11 OREGON JUNE -27.51% -3.54% 2007 12 DISTRICT OF APRIL -27.23% -2.61% COLUMBIA 2006 13 WEST VIRGINIA JUNE -27.03% 9.91% 2006 14 MINNESOTA JULY -26.70% -8.29% 2006 15 MARYLAND JULY -26.63% -1.33% 2006 16 WASHINGTON JULY -24.46% -4.92% 2007 17 GEORGIA JUNE -25.98% -7.46% 2007 18 NEW MEXICO APRIL -24.30% -4.27% 2007 19 NEW JERSEY JUNE -22.80% -0.47% 2006 20 VIRGINIA MAY -21.81% -0.34% 2006 21 MASSACHUSETTS OCT. -21.57% -3.06% 2005 22 CONNECTICUT JULY -20.26% -3.78% 2006 23 MISSOURI OCT. -20.06% -2.82% 2006 24 OHIO JULY -19.58% -5.13% 2006 25 MONTANA AUG. -19.32% -0.62% 2007 26 NEW HAMPSHIRE MAY -18.89% -3.87% 2006 27 DELAWARE JUNE -18.83% -4.65% 2007 28 WYOMING OCT. -18.08% 1.64% 2007 29 MAINE MAY -17.72% 1.46% 2006 30 ALABAMA AUG. -16.52% -2.21% 2007 31 WISCONSIN SEPT. -14.29% -3.59% 2006 32 NEW YORK MARCH -14.24% 0.28% 2006 33 SOUTH CAROLINA JUNE -13.91% -0.46% 2007 34 INDIANA JULY -13.26% 0.94%...

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