Houston, TX - House Price Index (HPI)
Houston Real Estate Market Forecast
100
1000
The House Price Index (HPI) shows changes in Houston-Sugar Land-Baytown, TX single family home
prices in
logarithmic scale. The March, 1995 index value equals 100.  Updated Tuesday, June 23,
2015. Real estate forecasts, analysis, statistics and appreciation rates are provided below.
10
Houston Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  18598
3rd Quarter, 2014 Housing Statistics: Houston, Texas


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      83%

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 Houston housing market for the 12
months ending with the 3rd Quarter of 2015 is UP. The Accuracy of the Trend
Projection for Houston is 83%. In other words, when tested against historical
data, the forecasting methodology was correct 83% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Houston is 83% 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 Houston Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      77%

The forecast for the trend in the Houston housing market for the 3 years ending
with the 3rd Quarter of 2017 is UP. The Accuracy of the Trend Prediction for
Houston is 77%. In other words, when tested against historical data, the
forecasting methodology was correct 77% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Houston is 77% 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 Houston Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2014 Housing Data: Houston, Texas


Historical Home Price Appreciation
Last Quarter                                     2.88%
Last Year . . . . . . . . . . . . . . . . . . . .  11.8%
Last 5 Years                                     21%
Last 10 Years . . . . . . . . . . . . . . . . . 43%
Last 20 Years                                   121%



Annual Home Price Appreciation Rates
1984      -5.37%
1985      -9.13%
1986      -4.11%
1987      -7.60%
1988      4.96%
1989      6.15%
1990      2.93%
1991      3.81%
1992      3.03%
1993      2.22%
1994      -1.98%
1995      2.50%
1996      1.84%
1997      3.62%
1998      6.71%
1999      8.71%
2000      4.96%
2001      6.69%
2002      4.55%
2003      2.92%
2004      3.92%
2005      5.36%
2006      5.35%
2007      4.14%
2008      2.12%
2009      -0.30%
2010      -0.24%
2011      -0.79%
2012      4.16%
2013      7.49%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              2.88%         Rank: 70 of 381 (81st Percentile)
Last Year  . . . . . . . . . . . . . . . .  11.8%          Rank: 23 of 381 (94th Percentile)
Last 5 Years                              21%            Rank: 24 of 381 (93rd Percentile)
Last 10 Years  . . . . . . . . . . . .   43%            Rank: 12 of 381 (97th Percentile)
Last 20 Years                            121%          Rank: 44 of 378 (88th Percentile)


The change in home prices for Houston-The Woodlands-Sugar Land, TX are
shown above for five time periods. For example: Houston appreciated 2.88% in
the Last Quarter. At that rate, the Houston Real Estate Market was ranked 70th
out of 381 metropolitan Real Estate Markets. Houston was in the 81st
percentile. So Houston, TX performed better in the Last Quarter than 81% of
the 381 metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2014 Housing Statistics: Houston, Texas

The data and analysis on this page pertains to Houston-The Woodlands-Sugar
Land, TX, hereinafter referred to as "Houston". The all time high in the Houston
Home Price Index was 224.5 in the 3rd Quarter, of 2014.  The Home Price Index
indicates that the Houston Market is up 43% over the last 10 years. Home
prices in the Houston Real Estate Market have gained 11.76% over the last 12
months. Over the last thirty years, it is up 116%.

The 3rd Quarter index value was 6.29 points higher than the 2nd Quarter, 2014
index value of 218.19, resulting in a 2.88% rise in the 3rd Quarter for the
Houston Market.

The Houston Home Price Index has increased for the last 13 consecutive
quarters. That makes Houston the current record holder for consecutive
quarterly increases in the Home Price Index (along with Phoenix, AZ and Boise
City, ID; which also had 13 consecutive quarterly increases). 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 Houston Real Estate
Market was 18% in the twelve months ended with the 1st Quarter of 1982. The
worst annual change in home values  in the Houston Market was -10% in the
twelve months ended with the 3rd Quarter of 1985.

The highest growth in home values in the Houston Real Estate Market over a
three year period was 35% in the three years ended with the 1st Quarter of
1982. The worst performance over a three year period in the Houston Market
was -20% in the three years ended with the 3rd Quarter of 1987.

This page provides a long term graph of the Houston Home Price Index
(above). For information about Texas 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 Houston 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 Houston 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 Houston 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: Houston, Texas

The trend of Houston 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 Houston-The Woodlands-Sugar Land, TX, hereinafter referred to as
"Houston".

Last Quarter:
During the 3rd Quarter of 2014, Houston Home Prices had a rank of 70, with
appreciation of 2.88%. 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, Houston Home Prices had a rank of 23, with
appreciation during the year of 11.76%. 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, Houston Home Prices
ranked 24, with a total appreciation of 20.8%. 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, Houston Home Prices
had a rank of 12, with appreciation during the decade of 43%. 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, Houston Home Prices
had a rank of 44, with total growth over the 20 year period of 121%. 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 Houston Real Estate
Market is available back to the 2nd Quarter, of 1976. All calculations are based
on the quarterly value of the House Price Index for Houston. 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.)





SignalTrend  Inc. 2008 - 2015; All rights reserved.



_____________________________________________________________
Report a Problem with this Page    Contact Us     Privacy Policy    Terms of
Use/Disclosure                                            SignalTrend Inc.  2008 - 2012, All Rights Reserved
LittleBigHomes.com
1/75
1/1980
1/1985
1/1990
1/1995
1/2000
1/2005
1/2010
1/15