Nebraska saw one of the smallest effects from the housing crash, according to a report released Thursday.
The report, from real estate data firm CoreLogic, says home prices in Nebraska reached their peak in July 2006. From that height, they fell only 5 percent, which tied with Iowa for the second-smallest drop.
Only North Dakota, which saw only a 2 percent drop, fared better. The state that saw the worst decline was in Nevada, which saw its prices decline 60 percent from peak to trough.
Because Nebraska saw a very small drop in home prices during the housing bust, its prices now are 20 percent higher than they were during its 2006 peak, according to the report. That is much higher than the national average of 1 percent, and only six states have seen a larger gain over their previous home-price peak, according to the report.