| New York, NY - House Price Index (HPI) - 32 Year Chart |
| New York Real Estate Market Forecast |
| 100 |
| 1000 |
The House Price Index (HPI) shows changes in New York-White Plains-Wayne, NY-NJ 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.
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.
| New York Real Estate Index: 32 Year Chart Home Values Appreciation Rate - US Cities |
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New York Real Estate Market: Trend, Analysis & Statistics
1/75 1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010 1/15
Commentary 13351
4th Quarter, 2012 Housing Statistics: New York, New York
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 84%
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 New York housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for New York is 84%. In other words, when tested against
historical data, the forecasting methodology was correct 84% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in New York is 84% during this period. If this Housing Market Forecast is
correct, home prices will be lower in the 4th Quarter of 2013 than they were in
the 4th Quarter of 2012. Check this page each quarter for updates to the New
York Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 83%
The forecast for the trend in the New York housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for New York 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 falling house prices in
New York is 83% during this period. If this Housing Market Forecast is correct,
home values will be lower in the 4th Quarter of 2015 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the New York
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: New York, New York
Historical Home Price Appreciation
Last Quarter -0.23%
Last Year -1.4%
Last 5 Years -16%
Last 10 Years 29%
Last 20 Years 121%
Decline From All Time High 17.05%
Annual Home Price Appreciation Rates
1983 15.15%
1984 18.97%
1985 20.11%
1986 25.04%
1987 17.39%
1988 3.59%
1989 -0.06%
1990 -6.27%
1991 -1.16%
1992 1.50%
1993 0.82%
1994 -3.01%
1995 3.47%
1996 1.03%
1997 3.88%
1998 5.61%
1999 10.35%
2000 11.41%
2001 10.48%
2002 12.33%
2003 11.58%
2004 15.30%
2005 15.19%
2006 4.55%
2007 -0.97%
2008 -6.56%
2009 -5.78%
2010 -0.54%
2011 -2.58%
2012 -1.45%
Real Estate Appreciation, Rank & Percentile
Last Quarter -0.23% Rank: 295 of 381 (22nd Percentile)
Last Year . . . . . . . . . . . . . . . . -1.4% Rank: 290 of 381 (23rd Percentile)
Last 5 Years -16% Rank: 249 of 381 (34th Percentile)
Last 10 Years . . . . . . . . . . . . 29% Rank: 90 of 381 (76th Percentile)
Last 20 Years 121% Rank: 32 of 368 (91st Percentile)
Decline From All Time High 17.05%
Home Price appreciation rates for New York-White Plains-Wayne, NY-NJ are
shown above for five time periods. For example: New York appreciated -0.23%
in the Last Quarter. At that rate, the New York Real Estate Market was ranked
295th out of 381 metropolitan areas for Real Estate Appreciation. New York was
in the 22nd percentile. So New York, NY performed better in the Last Quarter
than 22% of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: New York, New York
The data and analysis on this page pertains to New York-White Plains-Wayne,
NY-NJ, hereinafter referred to as "New York". The all time high in the New York
Home Price Index was 270.8 in the 1st Quarter, of 2007. The 4th Quarter, 2012
index value was 224.6. That's a decline of 46.16 points or 17.05% below the
New York Home Price Index all time high. The Home Price Index indicates that
the New York Market is up 29% over the last 10 years. Home Prices in the New
York Real Estate Market have lost 1.45% over the last 12 months. Over the last
thirty years, it is up 419%.
The 4th Quarter index value was 0.52 points lower than the 3rd Quarter, 2012
index value of 225.13, resulting in a 0.23% decline for the 4th Quarter in the
New York Market.
The New York Home Price Index declined in the last quarter after increasing in
the previous quarter. The current record holder for consecutive declines in the
Home Price Index is Tallahassee, FL, with declines in the last 5 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 highest annual home appreciation rate in the New York Real Estate Market
was 25% in the twelve months ended with the 3rd Quarter of 1986. The worst
annual home appreciation rate in the New York Market was -7% in the twelve
months ended with the 4th Quarter of 2008.
The highest home appreciation in the New York Real Estate Market over a
three year period was 82% in the three years ended with the 1st Quarter of
1987. The worst home appreciation over a three year period in the New York
Market was -14% in the three years ended with the 2nd Quarter of 2010.
This page provides a long term graph of the New York Home Price Index
(above). For information about New York home values, look at the links under
that chart. One link opens a forecast for home appreciation rates in the state of
New York. Another link opens the home price index chart for New York. 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 New
York Home Prices will be at your fingertips when you need them.
Historical data on the New York Home Price Index is available back to the 1st
Quarter, of 1976. All calculations are based on the quarterly value of the House
Price Index for the New York 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 New York 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: New York, New York
The appreciation of New York 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 New York-White Plains-Wayne, NY-NJ, hereinafter referred to as "New York".
Last Quarter:
During the 4th Quarter of 2012, New York Home Prices had a rank of 295, with
appreciation of -0.23%. 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, New York Home Prices had a rank of 290, with
appreciation during the year of -1.45%. 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, New York Home Prices
ranked 249, with a total appreciation of -15.9%. 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, New York Home Prices
had a rank of 90, with appreciation during the decade of 29%. 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, New York Home Prices
had a rank of 32, with total appreciation over the 20 year period of 121%. 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 New York Real Estate
Market is available back to the 1st Quarter, of 1976. All calculations are based
on the quarterly value of the House Price Index for New York. 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.)
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
4th Quarter, 2012 Housing Statistics: New York, New York
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 84%
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 New York housing market for the 12
months ending with the 4th Quarter of 2013 is DOWN. The Accuracy of the
Trend Forecast for New York is 84%. In other words, when tested against
historical data, the forecasting methodology was correct 84% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in New York is 84% during this period. If this Housing Market Forecast is
correct, home prices will be lower in the 4th Quarter of 2013 than they were in
the 4th Quarter of 2012. Check this page each quarter for updates to the New
York Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 83%
The forecast for the trend in the New York housing market for the 3 years
ending with the 4th Quarter of 2015 is DOWN. The Accuracy of the Trend
Forecast for New York 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 falling house prices in
New York is 83% during this period. If this Housing Market Forecast is correct,
home values will be lower in the 4th Quarter of 2015 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the New York
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: New York, New York
Historical Home Price Appreciation
Last Quarter -0.23%
Last Year -1.4%
Last 5 Years -16%
Last 10 Years 29%
Last 20 Years 121%
Decline From All Time High 17.05%
Annual Home Price Appreciation Rates
1983 15.15%
1984 18.97%
1985 20.11%
1986 25.04%
1987 17.39%
1988 3.59%
1989 -0.06%
1990 -6.27%
1991 -1.16%
1992 1.50%
1993 0.82%
1994 -3.01%
1995 3.47%
1996 1.03%
1997 3.88%
1998 5.61%
1999 10.35%
2000 11.41%
2001 10.48%
2002 12.33%
2003 11.58%
2004 15.30%
2005 15.19%
2006 4.55%
2007 -0.97%
2008 -6.56%
2009 -5.78%
2010 -0.54%
2011 -2.58%
2012 -1.45%
Real Estate Appreciation, Rank & Percentile
Last Quarter -0.23% Rank: 295 of 381 (22nd Percentile)
Last Year . . . . . . . . . . . . . . . . -1.4% Rank: 290 of 381 (23rd Percentile)
Last 5 Years -16% Rank: 249 of 381 (34th Percentile)
Last 10 Years . . . . . . . . . . . . 29% Rank: 90 of 381 (76th Percentile)
Last 20 Years 121% Rank: 32 of 368 (91st Percentile)
Decline From All Time High 17.05%
Home Price appreciation rates for New York-White Plains-Wayne, NY-NJ are
shown above for five time periods. For example: New York appreciated -0.23%
in the Last Quarter. At that rate, the New York Real Estate Market was ranked
295th out of 381 metropolitan areas for Real Estate Appreciation. New York was
in the 22nd percentile. So New York, NY performed better in the Last Quarter
than 22% of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: New York, New York
The data and analysis on this page pertains to New York-White Plains-Wayne,
NY-NJ, hereinafter referred to as "New York". The all time high in the New York
Home Price Index was 270.8 in the 1st Quarter, of 2007. The 4th Quarter, 2012
index value was 224.6. That's a decline of 46.16 points or 17.05% below the
New York Home Price Index all time high. The Home Price Index indicates that
the New York Market is up 29% over the last 10 years. Home Prices in the New
York Real Estate Market have lost 1.45% over the last 12 months. Over the last
thirty years, it is up 419%.
The 4th Quarter index value was 0.52 points lower than the 3rd Quarter, 2012
index value of 225.13, resulting in a 0.23% decline for the 4th Quarter in the
New York Market.
The New York Home Price Index declined in the last quarter after increasing in
the previous quarter. The current record holder for consecutive declines in the
Home Price Index is Tallahassee, FL, with declines in the last 5 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 highest annual home appreciation rate in the New York Real Estate Market
was 25% in the twelve months ended with the 3rd Quarter of 1986. The worst
annual home appreciation rate in the New York Market was -7% in the twelve
months ended with the 4th Quarter of 2008.
The highest home appreciation in the New York Real Estate Market over a
three year period was 82% in the three years ended with the 1st Quarter of
1987. The worst home appreciation over a three year period in the New York
Market was -14% in the three years ended with the 2nd Quarter of 2010.
This page provides a long term graph of the New York Home Price Index
(above). For information about New York home values, look at the links under
that chart. One link opens a forecast for home appreciation rates in the state of
New York. Another link opens the home price index chart for New York. 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 New
York Home Prices will be at your fingertips when you need them.
Historical data on the New York Home Price Index is available back to the 1st
Quarter, of 1976. All calculations are based on the quarterly value of the House
Price Index for the New York 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 New York 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: New York, New York
The appreciation of New York 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 New York-White Plains-Wayne, NY-NJ, hereinafter referred to as "New York".
Last Quarter:
During the 4th Quarter of 2012, New York Home Prices had a rank of 295, with
appreciation of -0.23%. 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, New York Home Prices had a rank of 290, with
appreciation during the year of -1.45%. 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, New York Home Prices
ranked 249, with a total appreciation of -15.9%. 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, New York Home Prices
had a rank of 90, with appreciation during the decade of 29%. 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, New York Home Prices
had a rank of 32, with total appreciation over the 20 year period of 121%. 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 New York Real Estate
Market is available back to the 1st Quarter, of 1976. All calculations are based
on the quarterly value of the House Price Index for New York. 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.)
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
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