Fort Lauderdale, FL - House Price Index (HPI) - 32 Year Chart
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Fort Lauderdale Real Estate Market & Home Price Forecast
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The House Price Index (HPI) shows changes in Fort Lauderdale-Pompano Beach-Deerfield Beach, FL
single family home prices in logarithmic scale. The March, 1995 index value is 100. Updated Friday,
December 28, 2012. See Real estate forecasts, analysis, statistics and appreciation rates below.
Fort Lauderdale Real Estate Market: Trend, Analysis & Statistics
1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010
Commentary 13230
4th Quarter, 2012 Housing Statistics: Fort Lauderdale, Florida
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
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 Fort Lauderdale housing market for
the 12 months ending with the 4th Quarter of 2013 is UP. The Accuracy of the
Trend Forecast for Fort Lauderdale 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 rising house
prices in Fort Lauderdale is 84% 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 Fort Lauderdale Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 83%
The forecast for the trend in the Fort Lauderdale housing market for the 3
years ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend
Forecast for Fort Lauderdale 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 Fort Lauderdale is 83% 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 Fort Lauderdale Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Fort Lauderdale, Florida
Historical Home Price Appreciation
Last Quarter -0.32%
Last Year . . . . . . . . . . . . . . . . . . . . 0.3%
Last 5 Years -39%
Last 10 Years . . . . . . . . . . . . . . . . . 7%
Last 20 Years 85%
Decline From All Time High 45.10%
Annual Home Price Appreciation Rates
1983 0.79%
1984 1.16%
1985 0.83%
1986 5.29%
1987 5.40%
1988 4.75%
1989 4.31%
1990 -0.70%
1991 1.93%
1992 2.28%
1993 3.18%
1994 -0.17%
1995 4.48%
1996 0.20%
1997 4.00%
1998 4.19%
1999 3.89%
2000 10.02%
2001 14.16%
2002 13.67%
2003 14.54%
2004 21.85%
2005 30.08%
2006 6.95%
2007 -9.93%
2008 -28.45%
2009 -11.34%
2010 -0.57%
2011 -3.50%
2012 0.31%
Real Estate Appreciation, Rank & Percentile
Last Quarter -0.32% Rank: 308 of 381 (19th Percentile)
Last Year . . . . . . . . . . . . . . . . 0.3% Rank: 187 of 381 (51st Percentile)
Last 5 Years -39% Rank: 358 of 381 (6th Percentile)
Last 10 Years . . . . . . . . . . . . 7% Rank: 294 of 381 (22nd Percentile)
Last 20 Years 85% Rank: 148 of 368 (59th Percentile)
Decline From All Time High 45.10%
Home Price appreciation rates for Fort Lauderdale-Pompano Beach-Deerfield
Beach, FL (M are shown above for five time periods. For example: Fort
Lauderdale appreciated -0.32% in the Last Quarter. At that rate, the Fort
Lauderdale Real Estate Market was ranked 308th out of 381 metropolitan areas
for Real Estate Appreciation. Fort Lauderdale was in the 19th percentile. So
Fort Lauderdale, FL performed better in the Last Quarter than 19% of the 381
metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Fort Lauderdale, Florida
The data and analysis on this page pertains to Fort Lauderdale-Pompano
Beach-Deerfield Beach, FL (M, hereinafter referred to as "Fort Lauderdale".
The all time high in the Fort Lauderdale Home Price Index was 324.0 in the 3rd
Quarter, of 2006. The 4th Quarter, 2012 index value was 177.9. That's a
decline of 146.15 points or 45.10% below the Fort Lauderdale Home Price
Index all time high. The Home Price Index indicates that the Fort Lauderdale
Market is up 7% over the last 10 years. Home prices in the Fort Lauderdale
Real Estate Market have gained 0.31% over the last 12 months. Over the last
thirty years, it is up 139%.
The 4th Quarter index value was 0.57 points lower than the 3rd Quarter, 2012
index value of 178.45, resulting in a 0.32% decline for the 4th Quarter in the
Fort Lauderdale Market.
The Fort Lauderdale 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 Fort Lauderdale Real Estate
Market was 30% in the twelve months ended with the 4th Quarter of 2005. The
worst annual home appreciation rate in the Fort Lauderdale Market was -28% in
the twelve months ended with the 4th Quarter of 2008.
The highest home appreciation in the Fort Lauderdale Real Estate Market over
a three year period was 85% in the three years ended with the 1st Quarter of
2006. The worst home appreciation over a three year period in the Fort
Lauderdale Market was -43% in the three years ended with the 4th Quarter of
2009.
This page provides a long term graph of the Fort Lauderdale Home Price Index
(above). For information about Florida home values, look at the links under that
chart. One link opens a forecast for home appreciation rates in the state of
Florida. Another link opens the home price index chart for Florida. 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 Fort
Lauderdale Home Prices will be at your fingertips when you need them.
Historical data on the Fort Lauderdale 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 Fort Lauderdale 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 Fort Lauderdale 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: Fort Lauderdale, Florida
The appreciation of Fort Lauderdale 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 Fort Lauderdale-Pompano Beach-Deerfield Beach, FL (M,
hereinafter referred to as "Fort Lauderdale".
Last Quarter:
During the 4th Quarter of 2012, Fort Lauderdale Home Prices had a rank of
308, with appreciation of -0.32%. 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, Fort Lauderdale Home Prices had a rank of 187,
with appreciation during the year of 0.31%. 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, Fort Lauderdale Home
Prices ranked 358, with a total appreciation of -39.0%. 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, Fort Lauderdale Home
Prices had a rank of 294, with appreciation during the decade of 7%. 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, Fort Lauderdale Home
Prices had a rank of 148, with total appreciation over the 20 year period of
85%. 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 Fort Lauderdale 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 Fort Lauderdale. 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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