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18 | TH E M R EP O RT THEMREPORT.COM A ccording to a report by Trulia, the biggest housing markets in America are becoming more economically diverse, yet the most affordable housing is disappearing. The study reports that home values, as well as rental and owner- occupied housing across the nation reflected a strong relation- ship between the unevenness of housing values across metros and the racial and income segregation within them. The study reported that markets that are more segregated by housing values also trend toward segregation in terms of house- hold income and white-nonwhite residents. Additionally, there is a strong negative relationship between the segregation of rental and owner-occupied housing and a metro's size by population, meaning bigger metros tend to be less segregated by homes that are owned versus rented, and smaller metros more segregated. The index created measures the share of neighborhoods that contain housing in the lowest and highest tiers compared to the median home of the select metro. The index measures segrega- tion of home values on a 100-point scale. The closer the index is to 100, the more segregated the metro is by home values. As an example, Detroit's home value segregation index was 72.2 in 2016, meaning that Detroit saw a high level of home value seg- regation with 72.2% of all neighborhoods falling into the most extreme value categories. This guage of unevenness in housing values in national mar- kets reflects economic disparities, a potentially important factor in the decisioning behind housing policies aimed at addressing economic and racial segregation. WHITE-NONWHITE SEGREGATION INDEX 2015 HOME VALUE SEGREGATION INDEX 2016 DETROIT, MI White-Nonwhite Segregation: 70.29 Home Value Segregation: 72.16 PHILADELPHIA, PA White-Nonwhite Segregation: 65.77 Home Value Segregation: 56.87 MILWAUKEE, WI White-Nonwhite Segregation: 63.12 Home Value Segregation: 66.7 BIRMINGHAM, AL White-Nonwhite Segregation: 56.67 Home Value Segregation: 60.64 FAIRFIELD COUNTY, CT White-Nonwhite Segregation: 55.45 Home Value Segregation: 61.04 The Top 5 Cities on the Home Value Segregation vs. Racial Segregation Index in the 100 Largest Metros: MDWELL Discrepancy Amidst Housing Diversity An analysis on the unevenness in housing values across the 100 largest metros reflects on economic disparities in the United States. Source: Trulia, Housing Diversity, What Home Values Say About Inequality