Albany, NY - House Price Index (HPI)
Albany Real Estate Market Forecast
100
1000
The House Price Index (HPI) shows changes in Albany-Schenectady-Troy, NY single family home
prices in
logarithmic scale. The March, 1995 index value equals 100.  Updated Friday, December 12,
2014. Real estate forecasts, analysis, statistics and appreciation rates are provided below.
10
Albany Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  18445
3rd Quarter, 2014 Housing Statistics: Albany, New York


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      78%

LittleBigHomes.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 Albany housing market for the 12
months ending with the 3rd Quarter of 2015 is UP. The Accuracy of the Trend
Projection for Albany is 78%. In other words, when tested against historical
data, the forecasting methodology was correct 78% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Albany is 78% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 3rd Quarter of 2015 than they were in the 3rd
Quarter of 2014. Check this page each quarter for updates to the Albany Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      75%

The forecast for the trend in the Albany housing market for the 3 years ending
with the 3rd Quarter of 2017 is UP. The Accuracy of the Trend Prediction for
Albany is 75%. In other words, when tested against historical data, the
forecasting methodology was correct 75% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Albany is 75% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 3rd Quarter of 2017 than they were in the 3rd
Quarter of 2014. Check this page each quarter for updates to the Albany Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2014 Housing Data: Albany, New York


Historical Home Price Appreciation
Last Quarter                                     1.62%
Last Year . . . . . . . . . . . . . . . . . . . .  0.8%
Last 5 Years                                     0%
Last 10 Years . . . . . . . . . . . . . . . . . 22%
Last 20 Years                                   84%
Decline From All Time High               3.41%


Annual Home Price Appreciation Rates
1984      13.15%
1985      10.20%
1986      27.45%
1987      16.60%
1988      9.47%
1989      4.05%
1990      0.99%
1991      1.15%
1992      1.85%
1993      -0.37%
1994      -4.29%
1995      -0.55%
1996      -2.76%
1997      1.64%
1998      2.31%
1999      -0.43%
2000      4.66%
2001      6.30%
2002      8.41%
2003      10.89%
2004      14.71%
2005      13.75%
2006      5.92%
2007      2.21%
2008      -1.69%
2009      -1.47%
2010      0.52%
2011      -0.94%
2012      -0.82%
2013      0.18%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              1.62%         Rank: 168 of 381 (56th Percentile)
Last Year  . . . . . . . . . . . . . . . .  0.8%           Rank: 324 of 381 (15th Percentile)
Last 5 Years                              0%             Rank: 216 of 381 (43rd Percentile)
Last 10 Years  . . . . . . . . . . . .   22%            Rank: 81 of 381 (78th Percentile)
Last 20 Years                            84%            Rank: 138 of 378 (63rd Percentile)
Decline From All Time High        3.41%

The change in home prices for Albany-Schenectady-Troy, NY are shown above
for five time periods. For example: Albany appreciated 1.62% in the Last
Quarter. At that rate, the Albany Real Estate Market was ranked 168th out of
381 metropolitan Real Estate Markets. Albany was in the 56th percentile. So
Albany, NY performed better in the Last Quarter than 56% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2014 Housing Statistics: Albany, New York

The data and analysis on this page pertains to Albany-Schenectady-Troy, NY,
hereinafter referred to as "Albany". The all time high in the Albany Home Price
Index was 195.5 in the 1st Quarter, of 2008. The 3rd Quarter, 2014 index value
was 188.9. That's a decline of 6.67 points or 3.41% below the Albany Home
Price Index all time high.  The Home Price Index indicates that the Albany
Market is up 22% over the last 10 years. Home prices in the Albany Real Estate
Market have gained 0.76% over the last 12 months. Over the last thirty years, it
is up 248%.

The 3rd Quarter index value was 3.01 points higher than the 2nd Quarter, 2014
index value of 185.84, resulting in a 1.62% rise in the 3rd Quarter for the
Albany Market.

The Albany Home Price Index has increased for the last 2 consecutive quarters.
The current record holders for consecutive increases in the Home Price Index
are Phoenix, AZ; Houston, TX and Boise City, ID, with increases in the last 13
consecutive quarters. The current record holder for consecutive declines in the
Home Price Index is Terre Haute, IN, with declines in the last 3 consecutive
quarters.

The highest annual change in the value of houses in the Albany Real Estate
Market was 27% in the twelve months ended with the 4th Quarter of 1986. The
worst annual change in home values  in the Albany Market was -6% in the
twelve months ended with the 1st Quarter of 1995.

The highest growth in home values in the Albany Real Estate Market over a
three year period was 66% in the three years ended with the 1st Quarter of
1988. The worst performance over a three year period in the Albany Market
was -7% in the three years ended with the 4th Quarter of 1996.

This page provides a long term graph of the Albany Home Price Index (above).
For information about New York home values, click Real Estate Market
Forecasts in the navigation bar at the top of this page.  You'll see long term
charts and analysis that will provide tremendous insight into the historical trends
of residential property values. Bookmark this page! Then LittleBigHomes.com's
detailed research and statistics about Albany Home Prices will be at your
fingertips when you need them.

All calculations are based on the quarterly value of the House Price Index for
the Albany 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 Albany 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
3rd Quarter, 2014 Housing Data: Albany, New York

The trend of Albany 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 Albany-Schenectady-Troy, NY, hereinafter referred to as "Albany".

Last Quarter:
During the 3rd Quarter of 2014, Albany Home Prices had a rank of 168, with
appreciation of 1.62%. The top performing real estate market during the 3rd
Quarter was Johnstown, PA, with a rise of 7.10%. The worst market during that
period was Farmington, NM, with appreciation of -4.09%.
The median for all cities during the 3rd Quarter was 1.44%. The average for all
markets during the quarter was 1.49%.

Last Year:
During the last 12 months, Albany Home Prices had a rank of 324, with
appreciation during the year of 0.76%. The top performing market during the
last year was Madera, CA, with an increase of 19.4%. The worst real estate
market during that period was Jacksonville, NC, with appreciation of -4.5%.
The median for all markets during this period was 3.94%. The average was
4.71%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2014, Albany Home Prices
ranked 216, with a total appreciation of -0.3%. The top performing real estate
market during the 5 year period was Merced, CA, with a growth in value of 45%.
The worst market during that period was Ocala, FL, with appreciation of -16%.
The median for all cities during this time period was 1%. The average over the
5 years was 3%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2014, Albany Home Prices had
a rank of 81, with appreciation during the decade of 22%. The top performing
market during the period was Midland, TX, with a rise of 129%. The worst real
estate market during the 10 year time period was Las Vegas, NV, with
appreciation of -27%.
The median for all markets during the last 10 years was 10%. The average for
the cities over that time frame was 11%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2014, Albany Home Prices had
a rank of 138, with total growth over the 20 year period of 84%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 229%. The worst market during the last 20 years was Rockford, IL,
with appreciation of 23%.
The median for all cities during the last 20 years was 75%. The average for the
markets over that time frame was 82%.

Historical research data on the Home Price Index for the Albany Real Estate
Market is available back to the 2nd Quarter, of 1980. All calculations are based
on the quarterly value of the House Price Index for Albany. Real estate
appreciation figures represent total net increase or decrease over each time
period. (Unless specifically stated, the figures do not represent annual or
quarterly rates of change.)








Commentary  14635
2nd Quarter, 2013 Housing Statistics: Albany, New York


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      81%

LittleBigHomes.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 Albany housing market for the 12
months ending with the 2nd Quarter of 2014 is UP. The Accuracy of the Trend
Projection for Albany is 81%. In other words, when tested against historical
data, the forecasting methodology was correct 81% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Albany is 81% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 2nd Quarter of 2014 than they were in the 2nd
Quarter of 2013. Check this page each quarter for updates to the Albany Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      78%

The forecast for the trend in the Albany housing market for the 3 years ending
with the 2nd Quarter of 2016 is UP. The Accuracy of the Trend Prediction for
Albany is 78%. In other words, when tested against historical data, the
forecasting methodology was correct 78% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Albany is 78% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 2nd Quarter of 2016 than they were in the 2nd
Quarter of 2013. Check this page each quarter for updates to the Albany Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
2nd Quarter, 2013 Housing Data: Albany, New York


Historical Home Price Appreciation
Last Quarter                                     -0.17%
Last Year . . . . . . . . . . . . . . . . . . . .  0.9%
Last 5 Years                                     -4%
Last 10 Years . . . . . . . . . . . . . . . . . 45%
Last 20 Years                                   74%
Decline From All Time High               4.62%


Annual Home Price Appreciation Rates
1983      12.86%
1984      12.95%
1985      10.27%
1986      27.39%
1987      16.36%
1988      9.61%
1989      4.09%
1990      1.00%
1991      1.17%
1992      1.79%
1993      -0.33%
1994      -4.20%
1995      -0.63%
1996      -2.71%
1997      1.56%
1998      2.37%
1999      -0.50%
2000      4.73%
2001      6.35%
2002      8.35%
2003      10.88%
2004      14.72%
2005      13.70%
2006      6.04%
2007      2.14%
2008      -1.41%
2009      -1.51%
2010      0.50%
2011      -0.73%
2012      -0.97%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -0.17%        Rank: 292 of 381 (23rd Percentile)
Last Year  . . . . . . . . . . . . . . . .  0.9%           Rank: 283 of 381 (25th Percentile)
Last 5 Years                              -4%             Rank: 128 of 381 (66th Percentile)
Last 10 Years  . . . . . . . . . . . .   45%            Rank: 17 of 381 (95th Percentile)
Last 20 Years                            74%            Rank: 207 of 372 (44th Percentile)
Decline From All Time High        4.62%

The change in home prices for Albany-Schenectady-Troy, NY are shown above
for five time periods. For example: Albany appreciated -0.17% in the Last
Quarter. At that rate, the Albany Real Estate Market was ranked 292nd out of
381 metropolitan Real Estate Markets. Albany was in the 23rd percentile. So
Albany, NY performed better in the Last Quarter than 23% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
2nd Quarter, 2013 Housing Statistics: Albany, New York

The data and analysis on this page pertains to Albany-Schenectady-Troy, NY,
hereinafter referred to as "Albany". The all time high in the Albany Home Price
Index was 195.6 in the 1st Quarter, of 2008. The 2nd Quarter, 2013 index value
was 186.6. That's a decline of 9.03 points or 4.62% below the Albany Home
Price Index all time high.  The Home Price Index indicates that the Albany
Market is up 45% over the last 10 years. Home prices in the Albany Real Estate
Market have gained 0.86% over the last 12 months. Over the last thirty years, it
is up 308%.

The 2nd Quarter index value was 0.32 points lower than the 1st Quarter, 2013
index value of 186.91, resulting in a 0.17% decline for the 2nd Quarter in the
Albany Market.

The Albany Home Price Index declined in the last quarter after increasing in the
previous quarter. The current record holders for consecutive declines in the
Home Price Index are Wichita Falls, TX; Toledo, OH; Springfield, OH; Scranton,
PA and Rockford, IL, 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 13 consecutive quarters.

The highest annual change in the value of houses in the Albany Real Estate
Market was 27% in the twelve months ended with the 4th Quarter of 1986. The
worst annual change in home values  in the Albany Market was -6% in the
twelve months ended with the 1st Quarter of 1995.

The highest growth in home values in the Albany Real Estate Market over a
three year period was 65% in the three years ended with the 1st Quarter of
1988. The worst performance over a three year period in the Albany Market
was -7% in the three years ended with the 4th Quarter of 1996.

This page provides a long term graph of the Albany Home Price Index (above).
For information about New York home values, click Real Estate Market
Forecasts in the navigation bar at the top of this page.  You'll see long term
charts and analysis that will provide tremendous insight into the historical trends
of residential property values. Bookmark this page! Then LittleBigHomes.com's
detailed research and statistics about Albany Home Prices will be at your
fingertips when you need them.

All calculations are based on the quarterly value of the House Price Index for
the Albany 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 Albany 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
2nd Quarter, 2013 Housing Data: Albany, New York

The trend of Albany 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 Albany-Schenectady-Troy, NY, hereinafter referred to as "Albany".

Last Quarter:
During the 2nd Quarter of 2013, Albany Home Prices had a rank of 292, with
appreciation of -0.17%. The top performing real estate market during the 2nd
Quarter was Stockton, CA, with a rise of 7.33%. The worst market during that
period was Lawton, OK, with appreciation of -3.13%.
The median for all cities during the 2nd Quarter was 0.71%. The average for all
markets during the quarter was 1.07%.

Last Year:
During the last 12 months, Albany Home Prices had a rank of 283, with
appreciation during the year of 0.86%. The top performing market during the
last year was Stockton, CA, with an increase of 19.4%. The worst real estate
market during that period was Norwich, CT, with appreciation of -3.4%.
The median for all markets during this period was 1.95%. The average was
3.25%.

Last 5 Years:
Over the 5 years ended with the 2nd Quarter of 2013, Albany Home Prices
ranked 128, with a total appreciation of -3.9%. The top performing real estate
market during the 5 year period was Bismarck, ND, with a growth in value of
29%. The worst market during that period was Las Vegas, NV, with appreciation
of -39%.
The median for all cities during this time period was -8%. The average over the
5 years was -9%.

Last 10 Years:
During the 10 years ended in the 2nd Quarter of 2013, Albany Home Prices
had a rank of 17, with appreciation during the decade of 45%. The top
performing market during the period was Midland, TX, with a rise of 115%. The
worst real estate market during the 10 year time period was Detroit, MI, with
appreciation of -30%.
The median for all markets during the last 10 years was 17%. The average for
the cities over that time frame was 17%.

Last 20 Years:
During the 20 years ended in the 2nd Quarter of 2013, Albany Home Prices
had a rank of 207, with total growth over the 20 year period of 74%. The top
performing real estate market during the period was Casper, WY, with an
increase of 206%. The worst market during the last 20 years was Las Vegas,
NV, with appreciation of 19%.
The median for all cities during the last 20 years was 78%. The average for the
markets over that time frame was 80%.

Historical research data on the Home Price Index for the Albany Real Estate
Market is available back to the 2nd Quarter, of 1980. All calculations are based
on the quarterly value of the House Price Index for Albany. Real estate
appreciation figures represent total net increase or decrease over each time
period. (Unless specifically stated, the figures do not represent annual or
quarterly rates of change.)








Commentary  13873
1st Quarter, 2013 Housing Statistics: Albany, New York


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      81%

LittleBigHomes.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 Albany housing market for the 12
months ending with the 1st Quarter of 2014 is DOWN. The Accuracy of the
Trend Forecast for Albany is 81%. In other words, when tested against
historical data, the forecasting methodology was correct 81% of the time.
Accordingly, LittleBigHomes.com estimates that the probability for falling house
prices in Albany is 81% during this period. If this Housing Market Forecast is
correct, home prices will be lower in the 1st Quarter of 2014 than they were in
the 1st Quarter of 2013. Check this page each quarter for updates to the
Albany Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      78%

The forecast for the trend in the Albany housing market for the 3 years ending
with the 1st Quarter of 2016 is DOWN. The Accuracy of the Trend Forecast for
Albany is 78%. In other words, when tested against historical data, the
forecasting methodology was correct 78% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for falling house prices in
Albany is 78% during this period. If this Housing Market Forecast is correct,
home values will be lower in the 1st Quarter of 2016 than they were in the 1st
Quarter of 2013. Check this page each quarter for updates to the Albany Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
1st Quarter, 2013 Housing Data: Albany, New York


Historical Home Price Appreciation
Last Quarter                                     0.19%
Last Year . . . . . . . . . . . . . . . . . . . .  -0.2%
Last 5 Years                                     -5%
Last 10 Years . . . . . . . . . . . . . . . . . 48%
Last 20 Years                                   75%
Decline From All Time High               4.53%


Annual Home Price Appreciation Rates
1983      12.86%
1984      12.92%
1985      10.31%
1986      27.33%
1987      16.38%
1988      9.60%
1989      4.11%
1990      0.97%
1991      1.20%
1992      1.79%
1993      -0.33%
1994      -4.20%
1995      -0.64%
1996      -2.78%
1997      1.64%
1998      2.38%
1999      -0.50%
2000      4.71%
2001      6.36%
2002      8.35%
2003      10.88%
2004      14.72%
2005      13.72%
2006      6.02%
2007      2.18%
2008      -1.48%
2009      -1.41%
2010      0.54%
2011      -0.63%
2012      -1.11%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.19%         Rank: 172 of 381 (55th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -0.2%          Rank: 275 of 381 (27th Percentile)
Last 5 Years                              -5%             Rank: 120 of 381 (68th Percentile)
Last 10 Years  . . . . . . . . . . . .   48%            Rank: 15 of 381 (96th Percentile)
Last 20 Years                            75%            Rank: 198 of 369 (46th Percentile)
Decline From All Time High        4.53%

The change in home prices for Albany-Schenectady-Troy, NY are shown above
for five time periods. For example: Albany appreciated 0.19% in the Last
Quarter. At that rate, the Albany Real Estate Market was ranked 172nd out of
381 metropolitan Real Estate Markets. Albany was in the 55th percentile. So
Albany, NY performed better in the Last Quarter than 55% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
1st Quarter, 2013 Housing Statistics: Albany, New York

The data and analysis on this page pertains to Albany-Schenectady-Troy, NY,
hereinafter referred to as "Albany". The all time high in the Albany Home Price
Index was 195.8 in the 1st Quarter, of 2008. The 1st Quarter, 2013 index value
was 186.9. That's a decline of 8.87 points or 4.53% below the Albany Home
Price Index all time high.  The Home Price Index indicates that the Albany
Market is up 48% over the last 10 years. Home Prices in the Albany Real Estate
Market have lost 0.20% over the last 12 months. Over the last thirty years, it is
up 318%.

The 1st Quarter index value was 0.35 points higher than the 4th Quarter, 2012
index value of 186.53, resulting in a 0.19% rise in the 1st Quarter for the Albany
Market.

The Albany Home Price Index increased in the last quarter after falling in the
previous quarter. The current record holder for consecutive increases in the
Home Price Index is Bismarck, ND, with increases in the last 12 consecutive
quarters. The current record holders for consecutive declines in the Home Price
Index are Wichita Falls, TX; Toledo, OH; Scranton, PA; Sandusky, OH and
Rockford, IL, with declines in the last 4 consecutive quarters.

The highest annual change in the value of houses in the Albany Real Estate
Market was 27% in the twelve months ended with the 4th Quarter of 1986. The
worst annual change in home values  in the Albany Market was -6% in the
twelve months ended with the 1st Quarter of 1995.

The highest growth in home values in the Albany Real Estate Market over a
three year period was 65% in the three years ended with the 1st Quarter of
1988. The worst performance over a three year period in the Albany Market
was -7% in the three years ended with the 4th Quarter of 1996.

This page provides a long term graph of the Albany Home Price Index (above).
For information about New York home values, click Real Estate Market
Forecasts in the navigation bar at the top of this page.  You'll see long term
charts and analysis that will provide tremendous insight into the historical trends
of residential property values. Bookmark this page! Then LittleBigHomes.com's
detailed research and statistics about Albany Home Prices will be at your
fingertips when you need them.

All calculations are based on the quarterly value of the House Price Index for
the Albany 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 Albany 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
1st Quarter, 2013 Housing Data: Albany, New York

The trend of Albany 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 Albany-Schenectady-Troy, NY, hereinafter referred to as "Albany".

Last Quarter:
During the 1st Quarter of 2013, Albany Home Prices had a rank of 172, with
appreciation of 0.19%. The top performing real estate market during the 1st
Quarter was Napa, CA, with a rise of 4.80%. The worst market during that
period was Elmira, NY, with appreciation of -5.62%.
The median for all cities during the 1st Quarter was 0.04%. The average for all
markets during the quarter was 0.17%.

Last Year:
During the last 12 months, Albany Home Prices had a rank of 275, with
appreciation during the year of -0.20%. The top performing market during the
last year was Phoenix, AZ, with an increase of 15.3%. The worst real estate
market during that period was Pine Bluff, AR, with appreciation of -5.0%.
The median for all markets during this period was 1.00%. The average was
1.58%.

Last 5 Years:
Over the 5 years ended with the 1st Quarter of 2013, Albany Home Prices
ranked 120, with a total appreciation of -4.5%. The top performing real estate
market during the 5 year period was Midland, TX, with a growth in value of 22%.
The worst market during that period was Las Vegas, NV, with appreciation of
-49%.
The median for all cities during this time period was -10%. The average over
the 5 years was -12%.

Last 10 Years:
During the 10 years ended in the 1st Quarter of 2013, Albany Home Prices had
a rank of 15, with appreciation during the decade of 48%. The top performing
market during the period was Midland, TX, with a rise of 109%. The worst real
estate market during the 10 year time period was Detroit, MI, with appreciation
of -31%.
The median for all markets during the last 10 years was 17%. The average for
the cities over that time frame was 17%.

Last 20 Years:
During the 20 years ended in the 1st Quarter of 2013, Albany Home Prices had
a rank of 198, with total growth over the 20 year period of 75%. The top
performing real estate market during the period was Casper, WY, with an
increase of 213%. The worst market during the last 20 years was Las Vegas,
NV, with appreciation of 12%.
The median for all cities during the last 20 years was 77%. The average for the
markets over that time frame was 80%.

Historical research data on the Home Price Index for the Albany Real Estate
Market is available back to the 2nd Quarter, of 1980. All calculations are based
on the quarterly value of the House Price Index for Albany. Real estate
appreciation figures represent total net increase or decrease over each time
period. (Unless specifically stated, the figures do not represent annual or
quarterly rates of change.)









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