Fort Lauderdale, FL - House Price Index (HPI)
Fort Lauderdale Real Estate Market Forecast
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.  Real estate
forecasts, analysis, statistics and appreciation rates are provided below.
Fort Lauderdale Real Estate Market: Trend Outlook, Analysis & Statistics
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Commentary  27708
3rd Quarter, 2017 Housing Statistics: Fort Lauderdale, Florida


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      86%

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 Fort Lauderdale housing market for
the 12 months ending with the 3rd Quarter of 2018 is UP. The Accuracy of the
Trend Projection for Fort Lauderdale is 86%. In other words, when tested
against historical data, the forecasting methodology was correct 86% of the
time. Accordingly, LittleBigHomes.com estimates that the probability for rising
house prices in Fort Lauderdale is 86% during this period. If this Housing
Market Forecast is correct, home prices will be higher in the 3rd Quarter of
2018 than they were in the 3rd Quarter of 2017. Check this page each quarter
for updates to the Fort Lauderdale Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      80%

The forecast for the trend in the Fort Lauderdale housing market for the 3
years ending with the 3rd Quarter of 2020 is UP. The Accuracy of the Trend
Prediction for Fort Lauderdale is 80%. In other words, when tested against
historical data, the forecasting methodology was correct 80% of the time.
Accordingly, LittleBigHomes.com estimates that the probability for rising house
prices in Fort Lauderdale is 80% during this period. If this Housing Market
Forecast is correct, home values will be higher in the 3rd Quarter of 2020 than
they were in the 3rd Quarter of 2017. Check this page each quarter for updates
to the Fort Lauderdale Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2017 Housing Data: Fort Lauderdale, Florida


Historical Home Price Appreciation
Last Quarter                                     2.86%
Last Year . . . . . . . . . . . . . . . . . . . .  9.0%
Last 5 Years                                     62%
Last 10 Years . . . . . . . . . . . . . . . . . -6%
Last 20 Years                                   170%
Decline From All Time High               12.39%


Annual Home Price Appreciation Rates
1987      5.47%
1988      4.77%
1989      4.37%
1990      -0.67%
1991      1.81%
1992      2.36%
1993      3.20%
1994      -0.21%
1995      4.49%
1996      0.25%
1997      4.01%
1998      4.15%
1999      3.90%
2000      10.06%
2001      14.19%
2002      13.69%
2003      14.64%
2004      21.98%
2005      30.15%
2006      7.09%
2007      -9.95%
2008      -29.20%
2009      -12.21%
2010      -0.84%
2011      -3.67%
2012      1.60%
2013      17.26%
2014      8.57%
2015      8.91%
2016      8.43%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              2.86%         Rank: 68 of 381 (82nd Percentile)
Last Year  . . . . . . . . . . . . . . . .  9.0%           Rank: 66 of 381 (82nd Percentile)
Last 5 Years                              62%            Rank: 33 of 381 (91st Percentile)
Last 10 Years  . . . . . . . . . . . .   -6%            Rank: 302 of 381 (20th Percentile)
Last 20 Years                            170%          Rank: 25 of 379 (93rd Percentile)
Decline From All Time High        12.39%

The change in home prices for Fort Lauderdale-Pompano Beach-Deerfield
Beach, FL are shown above for five time periods. For example: Fort Lauderdale
appreciated 2.86% in the Last Quarter. At that rate, the Fort Lauderdale Real
Estate Market was ranked 68th out of 381 metropolitan Real Estate Markets.
Fort Lauderdale was in the 82nd percentile. So Fort Lauderdale, FL performed
better in the Last Quarter than 82% of the 381 metropolitan areas covered in
LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2017 Housing Statistics: Fort Lauderdale, Florida

The data and analysis on this page pertains to Fort Lauderdale-Pompano
Beach-Deerfield Beach, FL, hereinafter referred to as "Fort Lauderdale". The
all time high in the Fort Lauderdale Home Price Index was 325.1 in the 3rd
Quarter, of 2006. The 3rd Quarter, 2017 index value was 284.9. That's a
decline of 40.29 points or 12.39% below the Fort Lauderdale Home Price Index
all time high.  The Home Price Index indicates that the Fort Lauderdale Market
is down 6% over the last 10 years. Home prices in the Fort Lauderdale Real
Estate Market have gained 9.03% over the last 12 months. Over the last thirty
years, it is up 242%.

The 3rd Quarter index value was 7.91 points higher than the 2nd Quarter, 2017
index value of 276.94, resulting in a 2.86% rise in the 3rd Quarter for the Fort
Lauderdale Market.

The Fort Lauderdale Home Price Index has increased for the last 21
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 25 consecutive quarters. The current record holder for
consecutive declines in the Home Price Index is Carbondale, IL, with declines in
the last 3 consecutive quarters.

The highest annual change in the value of houses in the Fort Lauderdale Real
Estate Market was 30% in the twelve months ended with the 4th Quarter of
2005. The worst annual change in home values  in the Fort Lauderdale Market
was -29% in the twelve months ended with the 4th Quarter of 2008.

The highest growth in home values 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 performance over a three year period in the Fort
Lauderdale Market was -44% 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, 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 Fort Lauderdale 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 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
3rd Quarter, 2017 Housing Data: Fort Lauderdale, Florida

The trend 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, hereinafter referred
to as "Fort Lauderdale".

Last Quarter:
During the 3rd Quarter of 2017, Fort Lauderdale Home Prices had a rank of 68,
with appreciation of 2.86%. The top performing real estate market during the
3rd Quarter was Pine Bluff, AR, with a rise of 7.86%. The worst market during
that period was Weirton, OH, with appreciation of -9.33%.
The median for all cities during the 3rd Quarter was 1.52%. The average for all
markets during the quarter was 1.39%.

Last Year:
During the last 12 months, Fort Lauderdale Home Prices had a rank of 66, with
appreciation during the year of 9.03%. The top performing market during the
last year was Seattle, WA, with an increase of 14.2%. The worst real estate
market during that period was Lawton, OK, with appreciation of -7.3%.
The median for all markets during this period was 5.41%. The average was
5.42%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2017, Fort Lauderdale Home
Prices ranked 33, with a total appreciation of 62.1%. The top performing real
estate market during the 5 year period was Reno, NV, with a growth in value of
95%. The worst market during that period was Lawton, OK, with appreciation of
-7%.
The median for all cities during this time period was 20%. The average over the
5 years was 26%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2017, Fort Lauderdale Home
Prices had a rank of 302, with appreciation during the decade of -6%. The top
performing market during the period was Denver, CO, with a rise of 63%. The
worst real estate market during the 10 year time period was Atlantic City, NJ,
with appreciation of -28%.
The median for all markets during the last 10 years was 5%. The average for
the cities over that time frame was 7%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2017, Fort Lauderdale Home
Prices had a rank of 25, with total growth over the 20 year period of 170%. The
top performing real estate market during the period was San Francisco, CA,
with an increase of 283%. The worst market during the last 20 years was
Mansfield, OH, with appreciation of 20%.
The median for all cities during the last 20 years was 80%. The average for the
markets over that time frame was 89%.

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 net increase or decrease over each
time period. (Unless specifically stated, the figures do not represent annual or
quarterly rates of change.)



Data Source for Commentary & Charts: Federal Housing Finance Agency
Updated Monday, January 8, 2018.
SignalTrend  Inc. 2008 - 2018; All rights reserved.


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