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Some of the Pacific Northwest’s housing markets hurt most by the most recent recession could be poised for a strong return.

At least that’s what one study shows.

Online business publication Business Insider used to list four towns in the Pacific Northwest on its list of the top 15 housing markets best suited for growth in the coming five years. The Pacific Northwest is only behind Florida on the list, which has six towns represented.

Bend fell second on the list with only Carson City, Nev., having a better outlook over the next five years. Medford was number three on the list, Bremerton, Wash., tied for number eight, and Eugene tied for fourteenth.

According to Business Insider, Bend is expected to trough, or hit its lowest point, during the third quarter of this year, followed by several years of accelerated growth. The report predicts that housing will grow by 11.7 percent in Bend each year from 2011 to 2016.

While the list is just a projection, it does fall in line with past trends in Bend. Bend for years was at the top of the list for metropolitan areas with the fastest home appreciation until last year when the city led the national list for fastest home depreciation. Home prices are down 42 percent on average from peak times, according to Business Insider.

Medford is expected to see 11.2 percent annual housing growth over the coming five years and is in the process of reaching trough right now, the study found. Bremerton is expecting 9.3 percent annual growth over the same time period, and Eugene is expecting 8.6 percent growth.