Commentary 11452
3rd Quarter, 2012 Data: Maine
The 12 month forecast for Maine Real Estate prices is in the table at the top of
this page. Forecast-Chart.com is forecasting a decline in Maine Home Prices of
0.85%. The table shows a HDTFA of 4.33% which suggests that appreciation
rates over the next year for Maine Real Estate could easily end up anywhere
between 3.48% and -5.18%. Links to Forecasts for 49 other states and the
District of Columbia may be found on the right side of this page.
The average real estate forecast for all 50 states is 0.17%. So Maine Real
Estate prices are forecasted to underperform the rest of the country. The
highest appreciation rate forecast of all Real estate forecasts at this site is
5.65% for Arizona. The lowest is -4.46% for Georgia.
Historical Home Price Appreciation: Maine
Last Quarter 0.60%
Last Year -1.3%
Last 5 Years -10%
Last 10 Years 27%
Last 20 Years 96%
Decline From All Time High 11.74%
Annual Home Price Appreciation Rates: Maine
1982 -1.96%
1983 16.75%
1984 5.52%
1985 18.06%
1986 14.66%
1987 16.98%
1988 7.43%
1989 3.66%
1990 -3.91%
1991 -1.78%
1992 -0.54%
1993 0.12%
1994 -4.80%
1995 4.58%
1996 2.45%
1997 3.30%
1998 4.82%
1999 6.41%
2000 9.53%
2001 9.62%
2002 10.31%
2003 10.34%
2004 12.44%
2005 9.55%
2006 2.60%
2007 0.90%
2008 -3.80%
2009 -4.38%
2010 0.01%
2011 -1.72%
The highest annual appreciation rate in Maine Real Estate was 30% in the
twelve months ended with the 1st Quarter of 1977. The worst annual
appreciation rate in Maine was -23% in the twelve months ended with the 2nd
Quarter of 1976.
The highest appreciation in Maine Real Estate over a three year period was
85% in the three years ended with the 2nd Quarter of 1978. The worst
appreciation over a three year period in Maine was -10% in the three years
ended with the 2nd Quarter of 2011.
This page provides a five year chart of appreciation rates and a forecast for the
Maine House Price Index. The chart shows the five years ended in the 3rd
Quarter of 2012. For links to longer term charts, look at the links under the five
year chart (above). One link opens a chart showing over thirty years of
historical appreciation rates for Maine Real Estate. Another opens a graph
showing over thirty years of the Maine House Price Index. Just one glance at
our long term charts can provide tremendous insight into the historical trends of
residential property values. And those pages contain more than just charts.
You'll find a wealth of other helpful statistics about Maine Real Estate.
Historical data on the Maine House Price Index is available back to the first
quarter of 1975. All calculations are based on the quarterly value of the House
Price Index for Maine.
In this site, you may view the one, five & ten year home appreciation rates for
Maine and the other 49 states in one convenient table. Click the 50 State Home
Appreciation Rate Table link above. The link is under the Maine Real Estate
Appreciation Rate Chart at the top of this page. You'll see a snapshot of
historical Home Prices for Maine as compared to U.S. home appreciation rates.
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Average annual Maine house appreciation RATE according to the House Price Index (HPI) is shown
in gray. The forecast for annual appreciation through the target month is shown in green.
Maine - Real Estate Appreciation Rate - 5 Year History
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Maine Real Estate Forecast
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Forecast: Annual real estate appreciation rate for single family homes in the Maine residential housing market for the 12 months ending in the target month shown at the left.
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Updated Tuesday, December 18, 2012.
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Maine Real Estate Forecast
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