"Ranking the Home Price Slowdown and Affordability of US Cities"

Credit strategists at Goldman Sachs expect a more muted impact on residential lending relative to other types like business and commercial. But the gap between cities already seeing home-price declines and those seeing increases will widen, according to Goldman's Chief Credit Strategist Lotfi Karoui. He observed that affordability in weaker markets is still an issue. And if banks tighten standards further, more people with lower incomes and weaker credit scores will be shut out of the market, hurting demand in already struggling cities. Below is a list of 20 cities with the slowest home-price growth from the highest to lowest rates.