自上世紀大蕭條之後的近一百年來，美國民居（四單元以下民居）地產市場很少在同時滿足以下兩個條件下大跌過：
- 地產市場本身沒有太大問題
- 經濟衰退
也就是說，在地產市場本身問題不大的情況下，經濟衰退對民居地產市場影響不大。
那麽，如何判斷地產市場本身問題大不大呢？主要看以下幾個因素：
- 供需關係
- 信用市場的鬆緊程度
- 民眾的負擔能力
次貸危機是房市拖累經濟，而不是經濟拖累房市，主因是過建+濫貸。
九十年代發生的以加州為代表的東西兩海岸地產崩盤，也是地產本身的問題，也是過建+濫貸，經濟也不是主因。並且崩盤是局部的，如果平均到全國範圍內，根本感覺不到。
唯一一次經濟是主因的，是八十年代石油崩盤時，在德州、俄克拉荷馬、路易斯安那、阿拉斯加州等以能源為支柱產業的州，經濟危機導致高失業率，導致了這些州地產價格的崩盤，並且也是僅僅局限在這些州。那次經濟危機對這些州來說，尤其是德州，是非常非常慘重，不是一般的慘重。
而美國目前的民居地產市場，既沒有出現房屋過剩，也沒有濫貸現象，因而民眾的負擔能力就成了主要的問題。而負擔能力，基本上又是由利率決定的，這次房價調整，自始至終，利率始終是主導因素。
利率從3%以下，一直升到7%。相應的，美國平均房價指數，也從2022年6月的高點（加州等高房價區的高點在2022年5月），跌了有4.5%，大約在2022年12月觸底。這個跌幅，已經是二戰以來，僅次於次貸危機（次貸危機時跌幅約27%）的第二大跌幅。
房價從2023年1月開始觸底反彈，根據最新的房價指數（見後麵的附表），2023年7月全國平均房價指數，已經高於2022年6月高點約2.2%。也就是說，大家哭著喊著房價要大跌，實際房價已經又比去年高點又增長了2.2%。
關於美國民居市場形勢，我基本堅持5月份的判斷，這是我在5月份寫的節選：
我個人感覺，這個周期美國大的房價調整基本已經過去，尤其是西部地區，包括Pacific和Mountain分區，中部和佛州等地區盡管從周期上來說要滯後於西部，但大的跌幅可能也已經過去，估計到年底房價會有季節性的調整，到明年春天應該一切都恢複正常了。
我沒料到的是利率會再次過7，如果利率一直堅挺的話，那年底可能會有比季節性的調整略大的價格調整。
如果你想買房並長期持有的話，我覺得年底應該是個進場的機會，季節性調整，外加高利率壓低房價。
我想說的是，美國的地產市場形勢已經完全改變了，以前容易賺錢的時期已經過去了，也就是說要恢複常態了，賺錢要靠努力了。但是，就像JY說的，投資投的是國運，投資地產也一樣，如果你相信美國的未來，並且有長期投資的思想準備，那麽任何一次價格下調都是機會（次貸危機那樣的下調屬於百年一遇），盡管短期內我也不看好美國的地產市場。
注意，我所說的是美國全國地產大勢，並且對這種全國大勢我個人還是蠻確信的。
但是，地產是地域性的，對不同地域，當然就不能一概而論了。前麵說的三個因素中，信用市場的鬆緊程度基本上是全國性的，但是其它兩個因素，供需關係和民眾的負擔能力，就因地而異了，這我就不敢大放厥詞了。
以下是Freddie Mac最新發布的美國各都市區房價指數(最新數據到2023年7月份)：
| Rank | Metro | 2022M6~2023M7 | 2022M5~2022M12 | 2022M6~2022M12 | 2022M7~2023M7 | 2023M1~2023M7 |
| 1 | Austin-Round Rock-Georgetown TX | -10.6 | -10.2 | -9.8 | -9.2 | -0.2 |
| 2 | Boise City ID | -9.0 | -12.5 | -11.8 | -7.1 | 3.5 |
| 3 | Urban Honolulu HI | -7.3 | -2.1 | -2.8 | -7.4 | -4.1 |
| 4 | Idaho Falls ID | -6.9 | -10.9 | -10.4 | -5.3 | 4.0 |
| 5 | Lake Havasu City-Kingman AZ | -5.9 | -9.0 | -8.9 | -4.7 | 3.4 |
| 6 | St. George UT | -5.6 | -8.8 | -8.5 | -4.4 | 3.4 |
| 7 | Coeur d'Alene ID | -5.2 | -10.3 | -9.9 | -3.6 | 5.2 |
| 8 | Logan UT-ID | -5.2 | -8.4 | -8.2 | -4.0 | 3.5 |
| 9 | Phoenix-Mesa-Chandler AZ | -5.2 | -9.5 | -9.4 | -4.0 | 4.6 |
| 10 | Provo-Orem UT | -4.7 | -8.5 | -8.2 | -3.4 | 4.1 |
| 11 | Las Vegas-Henderson-Paradise NV | -4.6 | -7.8 | -8.1 | -3.8 | 4.4 |
| 12 | Bend OR | -4.5 | -7.7 | -7.2 | -3.2 | 2.8 |
| 13 | Ogden-Clearfield UT | -4.2 | -8.7 | -8.3 | -2.8 | 4.7 |
| 14 | Yuba City CA | -4.1 | -9.2 | -8.2 | -2.0 | 4.7 |
| 15 | Stockton CA | -3.7 | -9.5 | -8.4 | -1.6 | 5.4 |
| 16 | Salt Lake City UT | -3.6 | -8.7 | -8.4 | -2.2 | 5.2 |
| 17 | Carson City NV | -3.5 | -8.9 | -8.6 | -2.3 | 6.0 |
| 18 | Grants Pass OR | -3.5 | -7.4 | -6.8 | -2.2 | 3.3 |
| 19 | Medford OR | -3.4 | -7.6 | -7.0 | -2.1 | 3.9 |
| 20 | Pueblo CO | -3.4 | -7.7 | -7.2 | -1.8 | 3.8 |
| 21 | Reno NV | -3.4 | -8.6 | -8.3 | -2.2 | 5.7 |
| 22 | Colorado Springs CO | -3.2 | -8.8 | -8.1 | -1.4 | 5.1 |
| 23 | Chico CA | -3.1 | -8.8 | -7.8 | -1.1 | 5.3 |
| 24 | San Francisco-Oakland-Berkeley CA | -3.0 | -9.5 | -8.4 | -0.7 | 5.9 |
| 25 | Walla Walla WA | -2.9 | -8.5 | -7.9 | -1.4 | 5.3 |
| 26 | Wichita Falls TX | -2.9 | -5.4 | -5.5 | -2.0 | 2.9 |
| 27 | Spokane-Spokane Valley WA | -2.8 | -9.2 | -8.3 | -1.1 | 6.0 |
| 28 | Bremerton-Silverdale-Port Orchard WA | -2.6 | -9.4 | -8.4 | -0.7 | 6.1 |
| 29 | Cheyenne WY | -2.6 | -2.9 | -4.4 | -3.3 | 3.0 |
| 30 | Kahului-Wailuku-Lahaina HI | -2.6 | 1.0 | -0.3 | -3.1 | -2.1 |
| 31 | New Orleans-Metairie LA | -2.6 | -2.9 | -3.7 | -2.6 | 2.0 |
| 32 | Olympia-Lacey-Tumwater WA | -2.5 | -8.8 | -7.9 | -0.7 | 5.6 |
| 33 | Sacramento-Roseville-Folsom CA | -2.5 | -9.8 | -8.7 | -0.3 | 6.8 |
| 34 | San Antonio-New Braunfels TX | -2.4 | -4.6 | -4.9 | -1.7 | 2.7 |
| 35 | Portland-Vancouver-Hillsboro OR-WA | -2.3 | -7.8 | -7.1 | -0.7 | 4.9 |
| 36 | Flagstaff AZ | -2.2 | -7.3 | -7.3 | -1.1 | 5.4 |
| 37 | Merced CA | -2.2 | -8.1 | -7.3 | -0.4 | 5.5 |
| 38 | Riverside-San Bernardino-Ontario CA | -2.2 | -6.8 | -6.3 | -0.6 | 4.5 |
| 39 | Seattle-Tacoma-Bellevue WA | -2.2 | -9.9 | -8.7 | -0.1 | 6.8 |
| 40 | Twin Falls ID | -2.2 | -8.3 | -8.3 | -1.0 | 6.4 |
| 41 | Vallejo CA | -2.2 | -8.8 | -7.8 | -0.2 | 6.1 |
| 42 | Pocatello ID | -2.1 | -8.1 | -8.0 | -0.9 | 6.1 |
| 43 | Lake Charles LA | -2.0 | -3.1 | -4.0 | -2.0 | 2.8 |
| 44 | Corpus Christi TX | -1.9 | -4.3 | -4.7 | -1.2 | 3.0 |
| 45 | Albany-Lebanon OR | -1.8 | -6.6 | -6.1 | -0.5 | 4.4 |
| 46 | Mount Vernon-Anacortes WA | -1.8 | -8.8 | -7.8 | 0.0 | 6.2 |
| 47 | Denver-Aurora-Lakewood CO | -1.7 | -8.3 | -7.6 | 0.1 | 5.9 |
| 48 | Bellingham WA | -1.6 | -9.4 | -8.3 | 0.4 | 6.9 |
| 49 | The Villages FL | -1.6 | -2.9 | -3.9 | -1.6 | 2.9 |
| 50 | Cape Girardeau MO-IL | -1.5 | -3.7 | -4.6 | -1.3 | 3.2 |
| 51 | San Angelo TX | -1.5 | -4.2 | -4.5 | -0.8 | 3.1 |
| 52 | Midland TX | -1.4 | -5.2 | -5.3 | -0.5 | 4.1 |
| 53 | Grand Forks ND-MN | -1.2 | -0.1 | -0.7 | -1.4 | 0.0 |
| 54 | Punta Gorda FL | -1.2 | -2.4 | -3.5 | -1.3 | 2.9 |
| 55 | Boulder CO | -1.0 | -7.5 | -7.0 | 0.5 | 5.9 |
| 56 | Killeen-Temple TX | -1.0 | -3.4 | -4.1 | -0.5 | 3.2 |
| 57 | Alexandria LA | -0.9 | -3.0 | -3.7 | -0.7 | 3.6 |
| 58 | Dover DE | -0.8 | 0.8 | 0.3 | -0.9 | -1.3 |
| 59 | Greeley CO | -0.7 | -6.9 | -6.5 | 0.7 | 5.8 |
| 60 | Napa CA | -0.7 | -8.2 | -7.2 | 1.3 | 6.9 |
| 61 | Eugene-Springfield OR | -0.6 | -5.2 | -4.9 | 0.4 | 4.2 |
| 62 | Nashville-Davidson--Murfreesboro--Fra | -0.6 | -3.4 | -4.3 | -0.5 | 4.1 |
| 63 | Longview WA | -0.5 | -8.0 | -7.1 | 1.2 | 6.9 |
| 64 | Modesto CA | -0.5 | -7.9 | -6.9 | 1.5 | 6.7 |
| 65 | Port St. Lucie FL | -0.4 | -2.7 | -3.8 | -0.4 | 3.9 |
| 66 | Gadsden AL | -0.3 | -1.4 | -2.2 | -0.5 | 1.6 |
| 67 | Odessa TX | -0.3 | -4.1 | -4.4 | 0.5 | 4.2 |
| 68 | Dallas-Fort Worth-Arlington TX | -0.2 | -4.1 | -4.6 | 0.5 | 4.6 |
| 69 | Prescott Valley-Prescott AZ | -0.2 | -6.3 | -6.5 | 0.7 | 6.4 |
| 70 | Raleigh-Cary NC | -0.2 | -3.8 | -4.8 | 0.5 | 4.6 |
| 71 | Los Angeles-Long Beach-Anaheim CA | -0.1 | -7.2 | -6.5 | 1.7 | 6.6 |
| 72 | Madera CA | -0.1 | -7.0 | -6.4 | 1.6 | 6.5 |
| 73 | Beaumont-Port Arthur TX | 0.0 | -4.4 | -4.6 | 0.9 | 4.6 |
| 74 | Tuscaloosa AL | 0.0 | -1.2 | -2.0 | -0.2 | 1.6 |
| 75 | Baton Rouge LA | 0.1 | -1.6 | -2.6 | 0.0 | 3.3 |
| 76 | Kingston NY | 0.1 | -2.9 | -4.2 | 0.0 | 5.3 |
| 77 | Monroe LA | 0.1 | -1.5 | -2.5 | -0.1 | 3.3 |
| 78 | Sebastian-Vero Beach FL | 0.1 | -2.8 | -3.9 | 0.0 | 4.5 |
| 79 | Enid OK | 0.2 | -3.8 | -4.0 | 0.6 | 4.7 |
| 80 | Fresno CA | 0.3 | -5.5 | -5.1 | 1.7 | 5.6 |
| 81 | Hammond LA | 0.3 | -1.4 | -2.5 | 0.1 | 3.4 |
| 82 | Homosassa Springs FL | 0.4 | -2.5 | -3.6 | 0.4 | 4.5 |
| 83 | Huntsville AL | 0.5 | -1.2 | -2.1 | 0.3 | 2.3 |
| 84 | Lewiston ID-WA | 0.5 | -6.7 | -6.6 | 1.6 | 7.2 |
| 85 | Salem OR | 0.5 | -5.3 | -5.0 | 1.6 | 5.4 |
| 86 | Bakersfield CA | 0.7 | -5.9 | -5.5 | 2.2 | 6.4 |
| 87 | Deltona-Daytona Beach-Ormond Beach | 0.7 | -2.2 | -3.3 | 0.6 | 4.4 |
| 88 | Jackson TN | 0.7 | -2.2 | -3.1 | 0.7 | 4.0 |
| 89 | Lafayette LA | 0.7 | -1.4 | -2.5 | 0.4 | 3.8 |
| 90 | Oxnard-Thousand Oaks-Ventura CA | 0.7 | -6.8 | -6.0 | 2.5 | 6.9 |
| 91 | Shreveport-Bossier City LA | 0.7 | -1.5 | -2.4 | 0.6 | 3.7 |
| 92 | Kennewick-Richland WA | 0.8 | -7.1 | -6.3 | 2.3 | 7.2 |
| 93 | Laredo TX | 0.8 | -3.4 | -3.8 | 1.5 | 4.7 |
| 94 | Greenville NC | 0.9 | -2.2 | -3.4 | 1.4 | 4.1 |
| 95 | Santa Cruz-Watsonville CA | 0.9 | -8.0 | -6.9 | 3.0 | 8.2 |
| 96 | Lubbock TX | 1.0 | -3.4 | -3.8 | 1.7 | 4.9 |
| 97 | San Diego-Chula Vista-Carlsbad CA | 1.1 | -8.0 | -7.1 | 3.2 | 8.4 |
| 98 | Wenatchee WA | 1.1 | -7.1 | -6.3 | 2.7 | 7.5 |
| 99 | Jacksonville FL | 1.2 | -2.0 | -3.1 | 1.1 | 4.7 |
| 100 | Minneapolis-St. Paul-Bloomington MN- | 1.2 | -6.0 | -6.1 | 2.2 | 7.7 |
| 101 | Grand Junction CO | 1.4 | -6.2 | -5.8 | 2.8 | 6.9 |
| 102 | Jackson MS | 1.4 | -1.1 | -2.0 | 1.1 | 3.8 |
| 103 | Palm Bay-Melbourne-Titusville FL | 1.4 | -1.3 | -2.6 | 1.2 | 4.3 |
| 104 | North Port-Sarasota-Bradenton FL | 1.5 | -0.9 | -2.4 | 1.1 | 4.2 |
| 105 | Salinas CA | 1.5 | -6.7 | -6.0 | 3.3 | 7.7 |
| 106 | Jonesboro AR | 1.6 | -0.5 | -1.8 | 1.1 | 3.9 |
| 107 | Monroe MI | 1.6 | -4.6 | -5.5 | 2.2 | 7.9 |
| 108 | Sherman-Denison TX | 1.6 | -2.9 | -3.5 | 2.2 | 5.2 |
| 109 | Albany GA | 1.7 | -2.1 | -3.1 | 1.6 | 5.0 |
| 110 | Clarksville TN-KY | 1.7 | -2.4 | -3.1 | 1.9 | 5.1 |
| 111 | Corvallis OR | 1.7 | -3.8 | -3.8 | 2.5 | 5.2 |
| 112 | Cape Coral-Fort Myers FL | 1.8 | -1.8 | -3.0 | 1.6 | 5.1 |
| 113 | Sierra Vista-Douglas AZ | 1.8 | -5.2 | -5.4 | 2.6 | 7.1 |
| 114 | Tampa-St. Petersburg-Clearwater FL | 1.8 | -2.2 | -3.4 | 1.7 | 5.6 |
| 115 | Lakeland-Winter Haven FL | 1.9 | -1.6 | -2.8 | 1.7 | 5.0 |
| 116 | Watertown-Fort Drum NY | 1.9 | -2.9 | -3.9 | 2.0 | 6.7 |
| 117 | Pittsburgh PA | 2.0 | -3.8 | -4.2 | 2.5 | 6.5 |
| 118 | San Jose-Sunnyvale-Santa Clara CA | 2.0 | -7.1 | -6.3 | 3.9 | 8.4 |
| 119 | Waco TX | 2.0 | -2.8 | -3.4 | 2.5 | 5.3 |
| 120 | Macon-Bibb County GA | 2.1 | -1.5 | -2.5 | 1.8 | 4.8 |
| 121 | Yuma AZ | 2.1 | -5.0 | -5.2 | 2.9 | 7.2 |
| 122 | Redding CA | 2.2 | -6.5 | -5.8 | 4.0 | 8.1 |
| 123 | Tyler TX | 2.2 | -1.8 | -2.4 | 2.5 | 4.5 |
| USA | 2.2 | -4.2 | -4.5 | 2.9 | 6.8 | |
| 124 | Fairbanks AK | 2.3 | -2.7 | -3.4 | 2.3 | 5.9 |
| 125 | Fargo ND-MN | 2.3 | 0.4 | -0.1 | 2.2 | 2.5 |
| 126 | Hattiesburg MS | 2.3 | -0.7 | -1.6 | 1.9 | 4.2 |
| 127 | Jackson MI | 2.3 | -4.5 | -5.5 | 2.8 | 8.5 |
| 128 | Billings MT | 2.4 | -2.1 | -3.1 | 2.2 | 6.1 |
| 129 | Crestview-Fort Walton Beach-Destin FL | 2.4 | -2.5 | -3.4 | 2.4 | 6.1 |
| 130 | Dubuque IA | 2.4 | -0.9 | -1.9 | 2.4 | 4.6 |
| 131 | Pine Bluff AR | 2.4 | 0.0 | -1.3 | 1.8 | 4.2 |
| 132 | San Luis Obispo-Paso Robles CA | 2.4 | -6.3 | -5.6 | 4.2 | 8.1 |
| 133 | Bismarck ND | 2.5 | 2.4 | 1.8 | 2.1 | 0.9 |
| 134 | Houma-Thibodaux LA | 2.6 | -0.7 | -1.8 | 2.4 | 4.9 |
| 135 | Montgomery AL | 2.6 | 0.6 | -0.4 | 2.1 | 2.5 |
| 136 | Santa Rosa-Petaluma CA | 2.6 | -6.6 | -5.9 | 4.5 | 8.6 |
| 137 | Tucson AZ | 2.6 | -5.4 | -5.6 | 3.4 | 8.0 |
| 138 | Auburn-Opelika AL | 2.7 | -0.1 | -1.0 | 2.3 | 3.2 |
| 139 | Birmingham-Hoover AL | 2.7 | -0.1 | -1.0 | 2.4 | 3.1 |
| 140 | Boston-Cambridge-Newton MA-NH | 2.7 | -4.8 | -5.1 | 3.4 | 7.8 |
| 141 | Durham-Chapel Hill NC | 2.7 | -2.2 | -3.3 | 3.2 | 5.6 |
| 142 | Houston-The Woodlands-Sugar Land TX | 2.7 | -2.3 | -2.8 | 3.3 | 5.3 |
| 143 | Niles MI | 2.7 | -3.4 | -4.5 | 3.1 | 7.8 |
| 144 | Charlotte-Concord-Gastonia NC-SC | 2.8 | -1.2 | -2.5 | 3.0 | 5.0 |
| 145 | Gulfport-Biloxi MS | 2.8 | 0.1 | -0.9 | 2.3 | 4.0 |
| 146 | Hanford-Corcoran CA | 2.8 | -5.2 | -4.7 | 4.3 | 7.6 |
| 147 | Atlanta-Sandy Springs-Alpharetta GA | 2.9 | -2.5 | -3.3 | 2.9 | 6.4 |
| 148 | Burlington NC | 2.9 | -1.5 | -2.8 | 3.2 | 5.4 |
| 149 | Canton-Massillon OH | 2.9 | -3.1 | -3.7 | 3.2 | 6.9 |
| 150 | Casper WY | 2.9 | 0.6 | -1.4 | 1.7 | 5.0 |
| 151 | Joplin MO | 2.9 | -3.2 | -4.0 | 3.2 | 6.9 |
| 152 | Naples-Marco Island FL | 2.9 | -1.1 | -2.4 | 2.7 | 5.5 |
| 153 | Sioux City IA-NE-SD | 2.9 | 0.0 | -1.3 | 2.6 | 4.5 |
| 154 | Yakima WA | 2.9 | -6.7 | -5.9 | 4.5 | 8.7 |
| 155 | Binghamton NY | 3.1 | -1.8 | -3.2 | 3.0 | 7.1 |
| 156 | Ocala FL | 3.1 | -1.1 | -2.4 | 2.8 | 5.7 |
| 157 | Santa Fe NM | 3.1 | -0.2 | -0.8 | 2.8 | 4.1 |
| 158 | St. Cloud MN | 3.1 | -4.5 | -4.9 | 3.9 | 8.2 |
| 159 | Glens Falls NY | 3.2 | -1.7 | -3.0 | 3.0 | 7.0 |
| 160 | Myrtle Beach-Conway-North Myrtle Bea | 3.2 | 1.5 | -0.3 | 2.5 | 3.3 |
| 161 | Visalia CA | 3.2 | -4.4 | -4.1 | 4.5 | 7.2 |
| 162 | Columbia MO | 3.3 | -2.1 | -3.1 | 3.5 | 6.1 |
| 163 | Orlando-Kissimmee-Sanford FL | 3.3 | -1.4 | -2.5 | 3.1 | 6.0 |
| 164 | Springfield MO | 3.3 | -1.8 | -2.9 | 3.4 | 6.0 |
| 165 | Amarillo TX | 3.4 | -2.7 | -3.0 | 4.0 | 6.2 |
| 166 | Rochester MN | 3.4 | -4.9 | -5.1 | 4.3 | 8.7 |
| 167 | Santa Maria-Santa Barbara CA | 3.4 | -5.5 | -5.0 | 5.0 | 8.4 |
| 168 | Sioux Falls SD | 3.4 | -1.0 | -2.5 | 2.7 | 6.5 |
| 169 | Washington-Arlington-Alexandria DC-V | 3.4 | -4.3 | -4.1 | 4.3 | 7.5 |
| 170 | Bay City MI | 3.5 | -3.9 | -4.8 | 4.1 | 8.9 |
| 171 | Kalamazoo-Portage MI | 3.5 | -4.1 | -5.0 | 4.0 | 9.2 |
| 172 | Owensboro KY | 3.5 | -0.1 | -0.7 | 3.7 | 4.4 |
| 173 | Midland MI | 3.6 | -3.2 | -4.3 | 4.0 | 8.4 |
| 174 | Rome GA | 3.6 | -0.4 | -1.7 | 3.2 | 5.4 |
| 175 | Abilene TX | 3.7 | -2.4 | -2.9 | 4.3 | 6.3 |
| 176 | Dothan AL | 3.7 | 0.5 | -0.4 | 3.3 | 3.5 |
| 177 | Kankakee IL | 3.7 | -2.4 | -3.5 | 3.8 | 7.6 |
| 178 | Wheeling WV-OH | 3.7 | -2.3 | -2.6 | 3.8 | 6.5 |
| 179 | Fort Collins CO | 3.8 | -5.5 | -5.1 | 5.2 | 8.5 |
| 180 | Gainesville FL | 3.8 | -2.2 | -3.1 | 3.8 | 7.1 |
| 181 | Pensacola-Ferry Pass-Brent FL | 3.8 | -2.2 | -3.1 | 3.8 | 7.1 |
| 182 | Pittsfield MA | 3.8 | -3.5 | -4.1 | 4.1 | 7.7 |
| 183 | Tallahassee FL | 3.8 | -2.0 | -3.0 | 3.7 | 6.9 |
| 184 | Mankato MN | 3.9 | -4.0 | -4.4 | 4.7 | 8.3 |
| 185 | Scranton--Wilkes-Barre PA | 3.9 | -1.3 | -2.2 | 4.0 | 6.2 |
| 186 | Springfield MA | 3.9 | -3.6 | -4.0 | 4.3 | 7.7 |
| 187 | Detroit-Warren-Dearborn MI | 4.0 | -4.8 | -5.6 | 4.7 | 10.2 |
| 188 | Hot Springs AR | 4.0 | 0.8 | -0.7 | 3.3 | 5.0 |
| 189 | Lansing-East Lansing MI | 4.0 | -4.5 | -5.4 | 4.6 | 10.1 |
| 190 | Columbus IN | 4.1 | -1.3 | -2.2 | 4.0 | 6.3 |
| 191 | Dalton GA | 4.1 | -1.0 | -2.1 | 3.8 | 6.2 |
| 192 | Memphis TN-MS-AR | 4.1 | -1.2 | -2.0 | 4.1 | 6.1 |
| 193 | Panama City FL | 4.1 | -1.3 | -2.4 | 3.9 | 6.7 |
| 194 | Rapid City SD | 4.1 | -1.2 | -2.6 | 3.4 | 7.4 |
| 195 | Barnstable Town MA | 4.2 | -2.9 | -3.7 | 4.5 | 7.7 |
| 196 | Flint MI | 4.2 | -5.1 | -5.8 | 5.0 | 10.6 |
| 197 | Williamsport PA | 4.2 | -1.8 | -2.4 | 4.4 | 6.7 |
| 198 | Poughkeepsie-Newburgh-Middletown | 4.3 | -1.0 | -2.4 | 4.1 | 7.4 |
| 199 | Terre Haute IN | 4.3 | -1.3 | -2.4 | 4.0 | 6.8 |
| 200 | Davenport-Moline-Rock Island IA-IL | 4.4 | -0.8 | -1.9 | 4.4 | 6.5 |
| 201 | Florence SC | 4.4 | 1.0 | -0.2 | 3.8 | 4.3 |
| 202 | Providence-Warwick RI-MA | 4.4 | -2.6 | -3.3 | 4.7 | 7.5 |
| 203 | Cedar Rapids IA | 4.5 | -0.8 | -1.8 | 4.5 | 6.3 |
| 204 | Charleston WV | 4.5 | -0.9 | -1.2 | 4.4 | 5.9 |
| 205 | Chicago-Naperville-Elgin IL-IN-WI | 4.5 | -3.3 | -4.1 | 4.8 | 9.1 |
| 206 | Spartanburg SC | 4.5 | 0.9 | -0.4 | 3.9 | 4.7 |
| 207 | Bloomsburg-Berwick PA | 4.6 | -1.8 | -2.4 | 4.9 | 7.1 |
| 208 | Champaign-Urbana IL | 4.6 | -2.0 | -3.2 | 4.6 | 8.1 |
| 209 | Elizabethtown-Fort Knox KY | 4.6 | 0.2 | -0.5 | 4.6 | 5.1 |
| 210 | Longview TX | 4.6 | -1.6 | -2.2 | 5.0 | 6.4 |
| 211 | Mansfield OH | 4.6 | -3.5 | -4.1 | 5.0 | 8.8 |
| 212 | Decatur AL | 4.7 | 1.3 | 0.3 | 4.1 | 3.8 |
| 213 | Evansville IN-KY | 4.7 | -1.5 | -2.3 | 4.7 | 7.0 |
| 214 | Gainesville GA | 4.7 | -2.2 | -3.0 | 4.8 | 7.8 |
| 215 | Ames IA | 4.8 | 0.0 | -1.0 | 4.6 | 5.7 |
| 216 | Anchorage AK | 4.8 | -1.9 | -2.7 | 4.7 | 7.4 |
| 217 | Danville IL | 4.8 | -2.0 | -3.1 | 4.9 | 8.2 |
| 218 | Des Moines-West Des Moines IA | 4.8 | 0.1 | -1.0 | 4.6 | 5.8 |
| 219 | Bloomington IN | 4.9 | -1.9 | -2.8 | 4.9 | 7.8 |
| 220 | New York-Newark-Jersey City NY-NJ-PA | 4.9 | -2.0 | -3.1 | 5.0 | 8.5 |
| 221 | Ann Arbor MI | 5.0 | -4.5 | -5.5 | 5.6 | 11.3 |
| 222 | Hinesville GA | 5.0 | -0.7 | -1.8 | 4.7 | 6.6 |
| 223 | Iowa City IA | 5.0 | 0.3 | -0.8 | 4.8 | 5.7 |
| 224 | Las Cruces NM | 5.0 | 1.4 | 0.5 | 4.4 | 4.5 |
| 225 | Missoula MT | 5.0 | -2.0 | -2.8 | 4.9 | 8.2 |
| 226 | Rocky Mount NC | 5.0 | -0.7 | -2.0 | 5.3 | 6.5 |
| 227 | Utica-Rome NY | 5.0 | -0.9 | -2.4 | 4.7 | 8.1 |
| 228 | Worcester MA-CT | 5.0 | -3.3 | -3.9 | 5.4 | 8.7 |
| 229 | Buffalo-Cheektowaga NY | 5.1 | -1.5 | -2.9 | 5.0 | 8.7 |
| 230 | Lima OH | 5.1 | -2.8 | -3.4 | 5.5 | 8.6 |
| 231 | Valdosta GA | 5.1 | -0.3 | -1.5 | 4.7 | 6.5 |
| 232 | Battle Creek MI | 5.2 | -3.3 | -4.3 | 5.7 | 9.8 |
| 233 | Chambersburg-Waynesboro PA | 5.2 | -0.9 | -1.8 | 5.2 | 7.0 |
| 234 | Columbus GA-AL | 5.2 | -1.4 | -2.2 | 5.2 | 7.3 |
| 235 | Texarkana TX-AR | 5.2 | -0.7 | -1.7 | 5.3 | 6.7 |
| 236 | Wichita KS | 5.2 | -1.8 | -2.5 | 5.2 | 7.3 |
| 237 | Grand Island NE | 5.3 | -0.7 | -1.4 | 5.2 | 6.1 |
| 238 | Louisville/Jefferson County KY-IN | 5.3 | -1.0 | -1.5 | 5.5 | 6.8 |
| 239 | St. Louis MO-IL | 5.3 | -2.0 | -3.0 | 5.5 | 8.1 |
| 240 | College Station-Bryan TX | 5.4 | -1.4 | -2.0 | 5.7 | 6.9 |
| 241 | East Stroudsburg PA | 5.4 | -1.3 | -2.0 | 5.5 | 7.4 |
| 242 | Elkhart-Goshen IN | 5.4 | -0.8 | -1.9 | 5.1 | 7.1 |
| 243 | Janesville-Beloit WI | 5.4 | -1.5 | -2.7 | 5.1 | 8.3 |
| 244 | Manchester-Nashua NH | 5.4 | -2.2 | -3.2 | 5.1 | 8.6 |
| 245 | Altoona PA | 5.5 | -2.1 | -2.5 | 5.9 | 8.0 |
| 246 | Mobile AL | 5.5 | 0.8 | -0.1 | 5.2 | 4.9 |
| 247 | Virginia Beach-Norfolk-Newport News V | 5.5 | -2.2 | -2.5 | 6.0 | 7.4 |
| 248 | California-Lexington Park MD | 5.6 | -2.5 | -2.5 | 6.0 | 8.4 |
| 249 | Greenville-Anderson SC | 5.6 | 0.8 | -0.4 | 5.0 | 5.7 |
| 250 | Sumter SC | 5.6 | 1.2 | -0.1 | 5.0 | 5.3 |
| 251 | Baltimore-Columbia-Towson MD | 5.7 | -2.5 | -2.5 | 6.1 | 8.4 |
| 252 | Charleston-North Charleston SC | 5.7 | 1.3 | -0.2 | 5.0 | 5.6 |
| 253 | Toledo OH | 5.7 | -2.1 | -2.9 | 5.9 | 8.5 |
| 254 | Athens-Clarke County GA | 5.8 | -0.5 | -1.6 | 5.5 | 7.3 |
| 255 | Kansas City MO-KS | 5.8 | -2.3 | -3.0 | 6.0 | 8.4 |
| 256 | La Crosse-Onalaska WI-MN | 5.8 | -2.7 | -3.5 | 5.9 | 9.5 |
| 257 | Huntington-Ashland WV-KY-OH | 5.9 | -0.4 | -0.8 | 5.8 | 6.7 |
| 258 | Peoria IL | 5.9 | -2.2 | -3.2 | 6.0 | 9.4 |
| 259 | St. Joseph MO-KS | 5.9 | -1.8 | -2.8 | 6.0 | 8.3 |
| 260 | Akron OH | 6.0 | -2.6 | -3.2 | 6.3 | 9.2 |
| 261 | Cleveland-Elyria OH | 6.0 | -2.8 | -3.4 | 6.3 | 9.4 |
| 262 | Columbia SC | 6.0 | 1.3 | 0.0 | 5.4 | 5.6 |
| 263 | Grand Rapids-Kentwood MI | 6.0 | -3.6 | -4.6 | 6.6 | 11.0 |
| 264 | Manhattan KS | 6.0 | -2.0 | -2.6 | 6.1 | 8.1 |
| 265 | Sebring-Avon Park FL | 6.0 | -0.3 | -1.6 | 5.7 | 7.5 |
| 266 | Weirton-Steubenville WV-OH | 6.0 | -1.3 | -2.0 | 6.0 | 7.9 |
| 267 | Albany-Schenectady-Troy NY | 6.1 | -0.7 | -2.1 | 5.9 | 8.7 |
| 268 | Anniston-Oxford AL | 6.1 | 1.7 | 0.5 | 5.5 | 4.7 |
| 269 | Asheville NC | 6.1 | -0.8 | -2.1 | 6.4 | 7.5 |
| 270 | Duluth MN-WI | 6.1 | -2.7 | -3.4 | 6.6 | 9.4 |
| 271 | Morristown TN | 6.1 | -0.7 | -1.8 | 6.0 | 7.7 |
| 272 | Bridgeport-Stamford-Norwalk CT | 6.2 | -2.7 | -3.8 | 6.6 | 10.1 |
| 273 | El Centro CA | 6.2 | -4.4 | -4.0 | 7.7 | 9.9 |
| 274 | Gettysburg PA | 6.2 | -1.1 | -1.8 | 6.4 | 7.9 |
| 275 | Hagerstown-Martinsburg MD-WV | 6.2 | -1.6 | -1.8 | 6.3 | 8.2 |
| 276 | Chattanooga TN-GA | 6.3 | -1.1 | -2.0 | 6.3 | 8.0 |
| 277 | Harrisburg-Carlisle PA | 6.3 | -1.0 | -1.7 | 6.5 | 8.0 |
| 278 | Hickory-Lenoir-Morganton NC | 6.3 | -0.1 | -1.5 | 6.5 | 7.1 |
| 279 | Philadelphia-Camden-Wilmington PA-N | 6.3 | -0.8 | -1.6 | 6.5 | 7.8 |
| 280 | York-Hanover PA | 6.3 | -1.4 | -2.0 | 6.5 | 8.2 |
| 281 | Little Rock-North Little Rock-Conway AR | 6.5 | 1.1 | -0.3 | 5.9 | 6.9 |
| 282 | Wausau-Weston WI | 6.5 | -1.6 | -2.7 | 6.3 | 9.4 |
| 283 | Goldsboro NC | 6.6 | -0.6 | -1.8 | 6.9 | 7.7 |
| 284 | Indianapolis-Carmel-Anderson IN | 6.6 | -1.6 | -2.6 | 6.6 | 9.0 |
| 285 | Kokomo IN | 6.6 | -1.7 | -2.5 | 6.7 | 9.0 |
| 286 | Lafayette-West Lafayette IN | 6.6 | -1.2 | -2.0 | 6.6 | 8.4 |
| 287 | Madison WI | 6.6 | -2.1 | -3.1 | 6.5 | 9.8 |
| 288 | Victoria TX | 6.6 | -1.3 | -1.9 | 7.0 | 7.9 |
| 289 | Albuquerque NM | 6.7 | 0.7 | 0.1 | 6.4 | 6.5 |
| 290 | Allentown-Bethlehem-Easton PA-NJ | 6.8 | -0.9 | -1.7 | 6.9 | 8.5 |
| 291 | Augusta-Richmond County GA-SC | 6.8 | 0.8 | -0.5 | 6.3 | 6.9 |
| 292 | Erie PA | 6.8 | -0.9 | -1.7 | 6.9 | 8.4 |
| 293 | Florence-Muscle Shoals AL | 6.8 | 2.5 | 1.3 | 6.1 | 4.5 |
| 294 | Carbondale-Marion IL | 6.9 | -0.8 | -2.1 | 6.8 | 9.1 |
| 295 | El Paso TX | 6.9 | -1.2 | -1.8 | 7.3 | 8.1 |
| 296 | Hilton Head Island-Bluffton SC | 6.9 | 2.0 | 0.6 | 6.2 | 5.9 |
| 297 | Morgantown WV | 6.9 | 0.3 | -0.1 | 6.6 | 7.0 |
| 298 | Omaha-Council Bluffs NE-IA | 6.9 | -0.7 | -1.4 | 6.9 | 7.6 |
| 299 | Winston-Salem NC | 6.9 | -0.1 | -1.5 | 7.1 | 7.6 |
| 300 | Bowling Green KY | 7.0 | 1.2 | 0.6 | 6.9 | 6.2 |
| 301 | Cleveland TN | 7.0 | -0.7 | -1.6 | 6.9 | 8.2 |
| 302 | Columbus OH | 7.0 | -2.9 | -3.5 | 7.5 | 10.4 |
| 303 | Jacksonville NC | 7.0 | 0.0 | -1.4 | 7.2 | 7.6 |
| 304 | Salisbury MD-DE | 7.0 | 1.5 | 0.8 | 6.7 | 5.7 |
| 305 | Waterloo-Cedar Falls IA | 7.0 | 1.3 | 0.0 | 6.6 | 6.8 |
| 306 | Cincinnati OH-KY-IN | 7.1 | -1.4 | -2.2 | 7.3 | 9.0 |
| 307 | Harrisonburg VA | 7.1 | -1.5 | -1.8 | 7.5 | 8.1 |
| 308 | Ithaca NY | 7.1 | 0.0 | -1.5 | 6.7 | 9.0 |
| 309 | Miami-Fort Lauderdale-Pompano Beach | 7.1 | 0.2 | -1.1 | 6.7 | 8.0 |
| 310 | Charlottesville VA | 7.2 | -2.1 | -2.4 | 7.8 | 8.8 |
| 311 | Dayton-Kettering OH | 7.2 | -1.9 | -2.6 | 7.5 | 9.6 |
| 312 | Fort Smith AR-OK | 7.2 | 1.7 | 0.3 | 6.4 | 6.9 |
| 313 | Lexington-Fayette KY | 7.2 | 1.4 | 0.6 | 7.1 | 6.3 |
| 314 | Reading PA | 7.2 | -0.1 | -0.8 | 7.2 | 7.7 |
| 315 | Topeka KS | 7.2 | -1.9 | -2.5 | 7.2 | 9.1 |
| 316 | Daphne-Fairhope-Foley AL | 7.3 | 2.3 | 1.1 | 6.7 | 5.2 |
| 317 | Greensboro-High Point NC | 7.3 | 0.3 | -1.1 | 7.4 | 7.6 |
| 318 | Fayetteville-Springdale-Rogers AR | 7.4 | 2.6 | 0.8 | 6.4 | 6.6 |
| 319 | Kingsport-Bristol TN-VA | 7.4 | 0.0 | -1.1 | 7.2 | 8.0 |
| 320 | Lincoln NE | 7.4 | -0.7 | -1.3 | 7.5 | 8.0 |
| 321 | Michigan City-La Porte IN | 7.5 | -0.5 | -1.5 | 7.4 | 8.8 |
| 322 | Jefferson City MO | 7.6 | -1.2 | -2.1 | 7.8 | 9.1 |
| 323 | Muskegon MI | 7.6 | -3.1 | -4.0 | 8.1 | 12.0 |
| 324 | Racine WI | 7.6 | -0.9 | -2.0 | 7.3 | 9.5 |
| 325 | State College PA | 7.6 | -1.2 | -1.8 | 7.9 | 9.2 |
| 326 | Staunton VA | 7.6 | -1.4 | -1.9 | 8.0 | 8.6 |
| 327 | Winchester VA-WV | 7.6 | -1.2 | -1.5 | 8.0 | 8.3 |
| 328 | Saginaw MI | 7.7 | -3.4 | -4.2 | 8.3 | 12.2 |
| 329 | Farmington NM | 7.8 | 1.8 | 1.1 | 7.4 | 6.5 |
| 330 | Oklahoma City OK | 7.8 | -0.5 | -1.1 | 7.7 | 8.6 |
| 331 | Brownsville-Harlingen TX | 7.9 | -0.7 | -1.4 | 8.3 | 8.7 |
| 332 | Milwaukee-Waukesha WI | 7.9 | -1.7 | -2.7 | 7.7 | 10.5 |
| 333 | Vineland-Bridgeton NJ | 7.9 | -1.3 | -2.4 | 7.9 | 10.5 |
| 334 | Youngstown-Warren-Boardman OH-PA | 7.9 | -1.3 | -2.0 | 8.1 | 9.7 |
| 335 | Decatur IL | 8.0 | -1.2 | -2.3 | 8.0 | 10.5 |
| 336 | Blacksburg-Christiansburg VA | 8.1 | -1.8 | -2.1 | 8.7 | 9.3 |
| 337 | Cumberland MD-WV | 8.1 | -0.9 | -1.1 | 8.3 | 9.2 |
| 338 | Eau Claire WI | 8.1 | -1.4 | -2.5 | 7.9 | 10.6 |
| 339 | South Bend-Mishawaka IN-MI | 8.1 | -0.9 | -2.0 | 8.0 | 9.9 |
| 340 | Lancaster PA | 8.2 | 0.1 | -0.6 | 8.3 | 8.5 |
| 341 | Richmond VA | 8.2 | -1.2 | -1.6 | 8.6 | 8.9 |
| 342 | Springfield IL | 8.2 | 0.1 | -1.2 | 7.9 | 9.4 |
| 343 | Springfield OH | 8.2 | -1.0 | -1.9 | 8.3 | 9.9 |
| 344 | Bloomington IL | 8.3 | -0.4 | -1.7 | 8.2 | 9.9 |
| 345 | Lawton OK | 8.3 | 0.7 | -0.2 | 8.0 | 8.1 |
| 346 | Rockford IL | 8.4 | -1.3 | -2.5 | 8.4 | 11.0 |
| 347 | Lawrence KS | 8.5 | -1.9 | -2.5 | 8.6 | 10.3 |
| 348 | Tulsa OK | 8.8 | 0.1 | -0.6 | 8.6 | 9.0 |
| 349 | Green Bay WI | 8.9 | 0.2 | -1.1 | 8.4 | 9.9 |
| 350 | Hartford-East Hartford-Middletown CT | 8.9 | -1.1 | -2.3 | 9.0 | 10.9 |
| 351 | Knoxville TN | 8.9 | 0.7 | -0.5 | 8.6 | 8.9 |
| 352 | Fayetteville NC | 9.0 | 1.3 | -0.2 | 9.0 | 8.2 |
| 353 | Fort Wayne IN | 9.1 | -0.5 | -1.4 | 8.9 | 10.1 |
| 354 | Johnson City TN | 9.1 | 0.9 | -0.4 | 8.7 | 8.9 |
| 355 | Muncie IN | 9.1 | -0.3 | -1.3 | 9.0 | 10.0 |
| 356 | Portland-South Portland ME | 9.1 | -0.9 | -2.0 | 8.7 | 10.9 |
| 357 | Norwich-New London CT | 9.2 | -0.7 | -2.0 | 9.3 | 10.8 |
| 358 | New Bern NC | 9.3 | 0.6 | -0.8 | 9.5 | 9.1 |
| 359 | New Haven-Milford CT | 9.3 | -0.1 | -1.5 | 9.3 | 10.4 |
| 360 | Ocean City NJ | 9.3 | -0.7 | -1.9 | 9.4 | 11.3 |
| 361 | Lewiston-Auburn ME | 9.4 | -1.6 | -2.5 | 9.2 | 11.6 |
| 362 | Roanoke VA | 9.5 | -0.5 | -0.9 | 9.8 | 9.4 |
| 363 | Sheboygan WI | 9.7 | -1.0 | -2.1 | 9.5 | 11.5 |
| 364 | Parkersburg-Vienna WV | 9.8 | 1.3 | 0.7 | 9.4 | 8.7 |
| 365 | Brunswick GA | 10.2 | 1.2 | -0.1 | 9.7 | 9.7 |
| 366 | Wilmington NC | 10.2 | 1.6 | 0.0 | 10.1 | 9.0 |
| 367 | Rochester NY | 10.3 | -0.1 | -1.6 | 10.1 | 12.0 |
| 368 | Appleton WI | 10.4 | 0.1 | -1.2 | 9.9 | 11.1 |
| 369 | Beckley WV | 10.4 | 1.4 | 0.9 | 10.0 | 9.1 |
| 370 | Great Falls MT | 10.4 | 0.3 | -0.7 | 10.1 | 11.0 |
| 371 | Bangor ME | 10.5 | 0.3 | -1.0 | 10.0 | 10.9 |
| 372 | Burlington-South Burlington VT | 10.6 | 1.6 | -0.4 | 9.1 | 10.8 |
| 373 | Oshkosh-Neenah WI | 10.6 | -1.1 | -2.1 | 10.4 | 12.4 |
| 374 | Lynchburg VA | 10.7 | 0.3 | -0.3 | 10.8 | 9.8 |
| 375 | McAllen-Edinburg-Mission TX | 11.3 | 0.4 | -0.4 | 11.5 | 10.6 |
| 376 | Syracuse NY | 11.4 | 1.5 | -0.2 | 10.8 | 11.5 |
| 377 | Warner Robins GA | 11.9 | 2.2 | 0.8 | 11.3 | 10.3 |
| 378 | Atlantic City-Hammonton NJ | 12.0 | 1.4 | -0.1 | 11.6 | 11.7 |
| 379 | Trenton-Princeton NJ | 12.0 | 0.3 | -0.9 | 12.0 | 12.6 |
| 380 | Savannah GA | 12.2 | 3.3 | 1.6 | 11.3 | 9.7 |
| 381 | Elmira NY | 12.8 | 2.1 | 0.3 | 12.2 | 12.2 |
| 382 | Lebanon PA | 13.2 | 1.5 | 0.5 | 13.1 | 11.7 |
| 383 | Fond du Lac WI | 13.5 | 0.6 | -0.8 | 13.0 | 13.7 |
| 384 | Johnstown PA | 14.2 | 2.1 | 1.0 | 13.9 | 12.1 |
（注：
本周期美國全國平均高點在2022年6月份，而西海岸等地區的高點在2022年5月，最低點是2022年12月，所以我取的數據：
第3列是2022年6月到2023年7月增幅，以此排名，本周期最高點至今增幅
第4列是2022年5月對2022年12月增幅，
第5列是2022年6月到2022年12月增幅，
第6列是2022年7月到2023月7月年增幅
第7列是2023年1月到7月過去6月增幅
)
一孔之見，一孔之見，一孔之見！
建寧 2023/9/7
