Forbes.com published America’s Fastest Recovering Cities which ranks 100 largest Metropolitan Statistical Areas. The ranking consists of five categories: unemployment rate, measurement of the size of a city’s economy, foreclosures, home prices, and sales rate.
Here is what the article states about Pittsburgh:
“Pittsburgh’s GMP grew .8% between the second quarter of 2008 and 2009, consistent with the .8% national average. Home prices there remained relatively stable while those in other cities plummeted because the area’s prospects still seemed dim during the housing bubble and speculators looked elsewhere.”
Check out the full list of cities and read the article.