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1. Rochester, NY

1. Rochester, NY

Unemployment rate: 7%

Average home price change since the housing market bottomed out:

Cities Leading in Housing Recovery

The housing bust is clearly over, but different cities are recovering at vastly different rates. Research firm RealtyTrac recently released a housing-recovery index that ranks 100 metropolitan areas based on 7 indicators, including home-price appreciation, the unemployment rate and the decline in foreclosure rates, to determine where the housing recovery is strongest and weakest. Here are the 10 cities where the housing rebound is strongest:

See slideshow of cities lagging in the housing recovery

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