Houston, TX - House Price Index (HPI) - 32 Year Chart
Houston Real Estate Market & Home Price Forecast
100
1000
The House Price Index (HPI) shows changes in Houston-Sugar Land-Baytown, TX single family home
prices in
logarithmic scale. The March, 1995 index value equals 100.  Updated Friday, December 28,
2012. See Real estate forecasts, analysis, statistics and appreciation rates below.
Houston Real Estate Index: 32 Year Chart
Home Values Appreciation Rate - US Cities
10
Houston Real Estate Market: Trend, Analysis & Statistics
1/1980         1/1985        1/1990        1/1995        1/2000         1/2005        1/2010
Commentary  13264
4th Quarter, 2012 Housing Statistics: Houston, Texas


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      83%

Forecast-Chart.com publishes forecasts for the trend in home prices in 380
Metropolitan Statistical Areas. The House Price Trend will be either UP or
DOWN. The forecast for the trend in the Houston housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Houston is 83%. In other words, when tested against historical
data, the forecasting methodology was correct 83% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Houston is 83% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2013 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Houston Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      82%

The forecast for the trend in the Houston housing market for the 3 years ending
with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast for
Houston is 82%. In other words, when tested against historical data, the
forecasting methodology was correct 82% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Houston is 82% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 4th Quarter of 2015 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Houston Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Houston, Texas


Historical Home Price Appreciation
Last Quarter                                     0.89%
Last Year . . . . . . . . . . . . . . . . . . . .  3.4%
Last 5 Years                                     5%
Last 10 Years . . . . . . . . . . . . . . . . . 31%
Last 20 Years                                   92%



Annual Home Price Appreciation Rates
1983      -0.58%
1984      -5.34%
1985      -9.17%
1986      -4.11%
1987      -7.58%
1988      4.97%
1989      6.12%
1990      2.95%
1991      3.83%
1992      2.98%
1993      2.21%
1994      -1.97%
1995      2.45%
1996      1.88%
1997      3.66%
1998      6.66%
1999      8.65%
2000      4.96%
2001      6.72%
2002      4.51%
2003      2.90%
2004      3.93%
2005      5.31%
2006      5.33%
2007      4.45%
2008      2.50%
2009      0.17%
2010      -0.27%
2011      -0.34%
2012      3.38%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.89%         Rank: 134 of 381 (65th Percentile)
Last Year  . . . . . . . . . . . . . . . .  3.4%           Rank: 37 of 381 (90th Percentile)
Last 5 Years                              5%              Rank: 21 of 381 (94th Percentile)
Last 10 Years  . . . . . . . . . . . .   31%            Rank: 70 of 381 (81st Percentile)
Last 20 Years                            92%            Rank: 108 of 368 (70th Percentile)


Home Price appreciation rates for Houston-Sugar Land-Baytown, TX are shown
above for five time periods. For example: Houston appreciated 0.89% in the
Last Quarter. At that rate, the Houston Real Estate Market was ranked 134th
out of 381 metropolitan areas for Real Estate Appreciation. Houston was in the
65th percentile. So Houston, TX performed better in the Last Quarter than 65%
of the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Houston, Texas

The data and analysis on this page pertains to Houston-Sugar Land-Baytown,
TX, hereinafter referred to as "Houston". The all time high in the Houston Home
Price Index was 192.2 in the 4th Quarter, of 2012.  The Home Price Index
indicates that the Houston Market is up 31% over the last 10 years. Home
prices in the Houston Real Estate Market have gained 3.38% over the last 12
months. Over the last thirty years, it is up 79%.

The 4th Quarter index value was 1.69 points higher than the 3rd Quarter, 2012
index value of 190.52, resulting in a 0.89% rise in the 4th Quarter for the
Houston Market.

The Houston Home Price Index has increased for the last 6 consecutive
quarters. The current record holder for consecutive increases in the Home
Price Index is Bismarck, ND, with increases in the last 11 consecutive quarters.
The current record holder for consecutive declines in the Home Price Index is
Tallahassee, FL, with declines in the last 5 consecutive quarters.

The highest annual home appreciation rate in the Houston Real Estate Market
was 18% in the twelve months ended with the 1st Quarter of 1982. The worst
annual home appreciation rate in the Houston Market was -10% in the twelve
months ended with the 3rd Quarter of 1985.

The highest home appreciation in the Houston Real Estate Market over a three
year period was 47% in the three years ended with the 1st Quarter of 1980.
The worst home appreciation over a three year period in the Houston Market
was -20% in the three years ended with the 3rd Quarter of 1987.

This page provides a long term graph of the Houston Home Price Index
(above). For information about Texas home values, look at the links under that
chart. One link opens a forecast for home appreciation rates in the state of
Texas. Another link opens the home price index chart for Texas. Just one
glance at Forecast-Chart.com's long term charts can provide tremendous
insight into the historical trends of residential property values. Bookmark this
page! Then Forecast-Chart.com's detailed research and statistics about
Houston Home Prices will be at your fingertips when you need them.

Historical data on the Houston Home Price Index is available back to the 2nd
Quarter, of 1976. All calculations are based on the quarterly value of the House
Price Index for the Houston Market. The terms House Price Index and Home
Price Index, as used in this site, refer to the Federal Housing Finance Agency
(FHFA) House Price Index.

Significant time is required to research quarterly sales price and appraisal data
from mortgage transactions in the Houston Real Estate Market and hundreds of
other cities. As a result, Home Price data is not available for a number of
months after the end of each quarter.



Part 4: APPRECIATION RATES & RANKINGS
4th Quarter, 2012 Housing Data: Houston, Texas

The appreciation of Houston Home Prices relative to 380 other metropolitan
areas is detailed below. Each metropolitan area contains one or more cities.
Five different time periods are reviewed.  Each paragraph identifies the top and
bottom performing markets as well as the average and median performance for
all cities during each time period. The data and analysis on this page pertains
to Houston-Sugar Land-Baytown, TX, hereinafter referred to as "Houston".

Last Quarter:
During the 4th Quarter of 2012, Houston Home Prices had a rank of 134, with
appreciation of 0.89%. The top performing real estate market during the 4th
Quarter was Bismarck, ND, with appreciation of 4.55%. The worst market during
that period was Hattiesburg, MS, with appreciation of -4.02%.
The median appreciation for all cities during the 4th Quarter was 0.47%. The
average appreciation for all markets during the quarter was 0.54%.

Last Year:
During the last 12 months, Houston Home Prices had a rank of 37, with
appreciation during the year of 3.38%. The top performing market during the
last year was Bismarck, ND, with appreciation of 13.4%. The worst real estate
market during that period was Gainesville, FL, with appreciation of -6.8%.
The median appreciation for all markets during this period was 0.27%. The
average appreciation was 0.31%.

Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2012, Houston Home Prices
ranked 21, with a total appreciation of 5.5%. The top performing real estate
market during the 5 year period was Bismarck, ND, with appreciation of 24%.
The worst market during that period was Las Vegas, NV, with appreciation of
-54%.
The median appreciation for all cities during this time period was -9%. The
average appreciation over the 5 years was -12%.

Last 10 Years:
During the 10 years ended in the 4th Quarter of 2012, Houston Home Prices
had a rank of 70, with appreciation during the decade of 31%. The top
performing market during the period was Midland, TX, with appreciation of
104%. The worst real estate market during the 10 year time period was Detroit,
MI, with appreciation of -31%.
The median appreciation for all markets during the last 10 years was 18%. The
average appreciation for the cities over that time frame was 18%.

Last 20 Years:
During the 20 years ended in the 4th Quarter of 2012, Houston Home Prices
had a rank of 108, with total appreciation over the 20 year period of 92%. The
top performing real estate market during the period was Casper, WY, with
appreciation of 210%. The worst market during the last 20 years was Las
Vegas, NV, with appreciation of 7%.
The median appreciation for all cities during the last 20 years was 78%. The
average appreciation for the markets over that time frame was 80%.

Historical research data on the Home Price Index for the Houston Real Estate
Market is available back to the 2nd Quarter, of 1976. All calculations are based
on the quarterly value of the House Price Index for Houston. Real estate
appreciation figures represent total appreciation over each time period. (Unless
specifically stated, the appreciation figures do not represent annual or quarterly
rates of appreciation.)




























































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