Redding, CA - House Price Index (HPI) - 28 Year Chart
Redding Real Estate Market Forecast
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1000
The House Price Index (HPI) shows changes in Redding, CA 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.
Redding Real Estate Index: 28 Year Chart
Home Values Appreciation Rate - US Cities
10
Redding 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  13394
4th Quarter, 2012 Housing Statistics: Redding, California


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      73%

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 Redding housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Redding is 73%. In other words, when tested against historical
data, the forecasting methodology was correct 73% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Redding is 73% 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 Redding Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      63%

The forecast for the trend in the Redding housing market for the 3 years ending
with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast for
Redding is 63%. In other words, when tested against historical data, the
forecasting methodology was correct 63% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Redding is 63% 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 Redding Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Redding, California


Historical Home Price Appreciation
Last Quarter                         3.61%
Last Year                              4.1%
Last 5 Years                         -33%
Last 10 Years                       10%
Last 20 Years                       54%
Decline From All Time High   38.35%


Annual Home Price Appreciation Rates
1983      -8.15%
1984      -0.98%
1985      7.09%
1986      2.33%
1987      0.41%
1988      9.61%
1989      9.94%
1990      18.23%
1991      7.40%
1992      0.49%
1993      1.39%
1994      -3.72%
1995      0.95%
1996      -2.64%
1997      2.34%
1998      2.81%
1999      0.28%
2000      7.27%
2001      10.33%
2002      16.71%
2003      18.44%
2004      20.31%
2005      21.37%
2006      1.60%
2007      -6.94%
2008      -16.19%
2009      -8.81%
2010      -9.41%
2011      -6.75%
2012      4.08%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              3.61%         Rank: 6 of 381 (98th Percentile)
Last Year  . . . . . . . . . . . . . . . .  4.1%           Rank: 23 of 381 (94th Percentile)
Last 5 Years                              -33%           Rank: 339 of 381 (11th Percentile)
Last 10 Years  . . . . . . . . . . . .   10%            Rank: 270 of 381 (29th Percentile)
Last 20 Years                            54%            Rank: 299 of 368 (18th Percentile)
Decline From All Time High        38.35%

Home Price appreciation rates for Redding, CA are shown above for five time
periods. For example: Redding appreciated 3.61% in the Last Quarter. At that
rate, the Redding Real Estate Market was ranked 6th out of 381 metropolitan
areas for Real Estate Appreciation. Redding was in the 98th percentile. So
Redding, CA performed better in the Last Quarter than 98% of the 381
metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Redding, California

The all time high in the Redding Home Price Index was 256.3 in the 1st Quarter,
of 2006. The 4th Quarter, 2012 index value was 158.0. That's a decline of
98.31 points or 38.35% below the Redding Home Price Index all time high.  The
Home Price Index indicates that the Redding Market is up 10% over the last 10
years. Home prices in the Redding Real Estate Market have gained 4.08% over
the last 12 months. Over the last thirty years, it is up 136%.

The 4th Quarter index value was 5.51 points higher than the 3rd Quarter, 2012
index value of 152.52, resulting in a 3.61% rise in the 4th Quarter for the
Redding Market.

The Redding Home Price Index has increased for the last 2 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 Redding Real Estate Market
was 24% in the twelve months ended with the 2nd Quarter of 2005. The worst
annual home appreciation rate in the Redding Market was -18% in the twelve
months ended with the 3rd Quarter of 2008.

The highest home appreciation in the Redding Real Estate Market over a three
year period was 74% in the three years ended with the 3rd Quarter of 2005.
The worst home appreciation over a three year period in the Redding Market
was -33% in the three years ended with the 2nd Quarter of 2011.

This page provides a long term graph of the Redding Home Price Index
(above). For information about California home values, look at the links under
that chart. One link opens a forecast for home appreciation rates in the state of
California. Another link opens the home price index chart for California. 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
Redding Home Prices will be at your fingertips when you need them.

Historical data on the Redding Home Price Index is available back to the 3rd
Quarter, of 1980. All calculations are based on the quarterly value of the House
Price Index for the Redding 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 Redding 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.
































































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