The 10 US cities least likely to see a housing market crash when the next recession happens
10. Minneapolis, Minnesota
9. New Orleans, Louisiana
Median home-sale-price-to-household-income ratio: 4.4
Average home-loan-to-home-value ratio: 61.8%
Year-to-year home price volatility: 9.1%
Share of home sales that are flips: 3.9%
8. Milwaukee, Wisconsin
Median home-sale-price-to-household-income ratio: 3.8
Average home-loan-to-home-value ratio: 64.7%
Year-to-year home price volatility: 15.1%
Share of home sales that are flips: 3.5%
7. Columbus, Ohio
Median home-sale-price-to-household-income ratio: 3.6
Average home-loan-to-home-value ratio: 69.8%
Year-to-year home price volatility: 10.9%
Share of home sales that are flips: 4.5%
6. Chicago, Illinois
Median home-sale-price-to-household-income ratio: 3.8
Average home-loan-to-home-value ratio: 65.2%
Year-to-year home price volatility: 13.2%
Share of home sales that are flips: 3.8%
5. Raleigh, North Carolina
Median home-sale-price-to-household-income ratio: 4.2
Average home-loan-to-home-value ratio: 68.3%
Year-to-year home price volatility: 12.1%
Share of home sales that are flips: 4.1%
4. Cleveland, Ohio
Median home-sale-price-to-household-income ratio: 3
Average home-loan-to-home-value ratio: 64.8%
Year-to-year home price volatility: 10.9%
Share of home sales that are flips: 4.5%
3. Hartford, Connecticut
Median home-sale-price-to-household-income ratio: 3
Average home-loan-to-home-value ratio: not available
Year-to-year home price volatility: 13.1%
Share of home sales that are flips: 2.8%
2. Buffalo, New York
Median home-sale-price-to-household-income ratio: 2.8
Average home-loan-to-home-value ratio: 63.2%
Year-to-year home price volatility: 10.4%
Share of home sales that are flips: 3.7%
1. Rochester, New York
Median home-sale-price-to-household-income ratio: 2.6
Average home-loan-to-home-value ratio: 11.8%
Year-to-year home price volatility: 11.7%
Share of home sales that are flips: 4.6%
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