Riverside, CA - House Price Index (HPI) - 32 Year Chart
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Riverside Real Estate Market Forecast
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The House Price Index (HPI) shows changes in Riverside-San Bernardino-Ontario, 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.
Riverside 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 13397
4th Quarter, 2012 Housing Statistics: Riverside, California
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 80%
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 Riverside housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Riverside is 80%. In other words, when tested against historical
data, the forecasting methodology was correct 80% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Riverside is 80% 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 Riverside
Real Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 78%
The forecast for the trend in the Riverside housing market for the 3 years
ending with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast
for Riverside is 78%. In other words, when tested against historical data, the
forecasting methodology was correct 78% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Riverside is 78% 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 Riverside
Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Riverside, California
Historical Home Price Appreciation
Last Quarter 2.24%
Last Year 2.0%
Last 5 Years -41%
Last 10 Years 6%
Last 20 Years 44%
Decline From All Time High 47.75%
Annual Home Price Appreciation Rates
1983 -8.31%
1984 7.21%
1985 3.69%
1986 6.33%
1987 5.95%
1988 13.53%
1989 21.62%
1990 3.76%
1991 0.06%
1992 -3.00%
1993 -4.58%
1994 -10.86%
1995 1.39%
1996 -3.36%
1997 3.34%
1998 8.88%
1999 5.60%
2000 9.18%
2001 9.55%
2002 14.94%
2003 19.28%
2004 30.97%
2005 21.64%
2006 6.83%
2007 -10.94%
2008 -34.21%
2009 -7.58%
2010 -0.39%
2011 -5.07%
2012 2.04%
Real Estate Appreciation, Rank & Percentile
Last Quarter 2.24% Rank: 40 of 381 (89th Percentile)
Last Year . . . . . . . . . . . . . . . . 2.0% Rank: 79 of 381 (79th Percentile)
Last 5 Years -41% Rank: 367 of 381 (3rd Percentile)
Last 10 Years . . . . . . . . . . . . 6% Rank: 298 of 381 (21st Percentile)
Last 20 Years 44% Rank: 334 of 368 (9th Percentile)
Decline From All Time High 47.75%
Home Price appreciation rates for Riverside-San Bernardino-Ontario, CA are
shown above for five time periods. For example: Riverside appreciated 2.24% in
the Last Quarter. At that rate, the Riverside Real Estate Market was ranked
40th out of 381 metropolitan areas for Real Estate Appreciation. Riverside was
in the 89th percentile. So Riverside, CA performed better in the Last Quarter
than 89% of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Riverside, California
The data and analysis on this page pertains to Riverside-San
Bernardino-Ontario, CA, hereinafter referred to as "Riverside". The all time high
in the Riverside Home Price Index was 329.7 in the 4th Quarter, of 2006. The
4th Quarter, 2012 index value was 172.3. That's a decline of 157.46 points or
47.75% below the Riverside Home Price Index all time high. The Home Price
Index indicates that the Riverside Market is up 6% over the last 10 years. Home
prices in the Riverside Real Estate Market have gained 2.04% over the last 12
months. Over the last thirty years, it is up 131%.
The 4th Quarter index value was 3.77 points higher than the 3rd Quarter, 2012
index value of 168.51, resulting in a 2.24% rise in the 4th Quarter for the
Riverside Market.
The Riverside 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 Riverside Real Estate Market
was 35% in the twelve months ended with the 3rd Quarter of 2004. The worst
annual home appreciation rate in the Riverside Market was -34% in the twelve
months ended with the 4th Quarter of 2008.
The highest home appreciation in the Riverside Real Estate Market over a
three year period was 91% in the three years ended with the 1st Quarter of
2006. The worst home appreciation over a three year period in the Riverside
Market was -46% in the three years ended with the 3rd Quarter of 2009.
This page provides a long term graph of the Riverside 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
Riverside Home Prices will be at your fingertips when you need them.
Historical data on the Riverside 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 Riverside 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 Riverside 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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