Longview, TX - House Price Index (HPI)
Longview Real Estate Market Forecast  (TX)
100
1000
The House Price Index (HPI) shows changes in Longview, TX single family home prices in
logarithmic scale. The March, 1995 index value equals 100.  Real estate forecasts, analysis, statistics
and appreciation rates are provided below.
10
Longview Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  27029
2nd Quarter, 2017 Housing Statistics: Longview, Texas


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      76%

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 Longview housing market for the 12
months ending with the 2nd Quarter of 2018 is UP. The Accuracy of the Trend
Projection for Longview is 76%. In other words, when tested against historical
data, the forecasting methodology was correct 76% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Longview is 76% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 2nd Quarter of 2018 than they were in the 2nd
Quarter of 2017. Check this page each quarter for updates to the Longview
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      79%

The forecast for the trend in the Longview housing market for the 3 years
ending with the 2nd Quarter of 2020 is UP. The Accuracy of the Trend
Prediction for Longview is 79%. In other words, when tested against historical
data, the forecasting methodology was correct 79% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Longview is 79% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 2nd Quarter of 2020 than they were in the 2nd
Quarter of 2017. Check this page each quarter for updates to the Longview
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
2nd Quarter, 2017 Housing Data: Longview, Texas


Historical Home Price Appreciation
Last Quarter                         -0.55%
Last Year                              0.7%
Last 5 Years                         8%
Last 10 Years                       15%
Last 20 Years                       83%
Decline From All Time High   3.03%


Annual Home Price Appreciation Rates
1987      -1.53%
1988      -5.87%
1989      5.24%
1990      -1.29%
1991      2.75%
1992      5.72%
1993      4.10%
1994      2.19%
1995      2.11%
1996      4.25%
1997      5.98%
1998      1.85%
1999      2.75%
2000      1.87%
2001      4.08%
2002      4.87%
2003      1.37%
2004      9.34%
2005      6.60%
2006      8.68%
2007      4.65%
2008      3.19%
2009      2.35%
2010      -1.58%
2011      0.54%
2012      3.07%
2013      -1.04%
2014      1.78%
2015      3.37%
2016      1.00%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -0.55%        Rank: 347 of 381 (8th Percentile)
Last Year  . . . . . . . . . . . . . . . .  0.7%           Rank: 348 of 381 (8th Percentile)
Last 5 Years                              8%              Rank: 323 of 381 (15th Percentile)
Last 10 Years  . . . . . . . . . . . .   15%            Rank: 82 of 381 (78th Percentile)
Last 20 Years                            83%            Rank: 174 of 379 (54th Percentile)
Decline From All Time High        3.03%

The change in home prices for Longview, TX are shown above for five time
periods. For example: Longview appreciated -0.55% in the Last Quarter. At that
rate, the Longview Real Estate Market was ranked 347th out of 381
metropolitan Real Estate Markets. Longview was in the 8th percentile. So
Longview, TX performed better in the Last Quarter than 8% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
2nd Quarter, 2017 Housing Statistics: Longview, Texas

The all time high in the Longview Home Price Index was 201.5 in the 3rd
Quarter, of 2016. The 2nd Quarter, 2017 index value was 195.4. That's a
decline of 6.10 points or 3.03% below the Longview Home Price Index all time
high.  The Home Price Index indicates that the Longview Market is up 15% over
the last 10 years. Home prices in the Longview Real Estate Market have gained
0.73% over the last 12 months. Over the last thirty years, it is up 115%.

The 2nd Quarter index value was 1.09 points lower than the 1st Quarter, 2017
index value of 196.50, resulting in a 0.55% decline for the 2nd Quarter in the
Longview Market.

The Longview Home Price Index has declined for the last 3 consecutive
quarters. That makes Longview the current record holder for consecutive
quarterly declines in the Home Price Index (along with Manhattan, KS; which
also had 3 consecutive quarterly declines). 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 24 consecutive quarters.

The highest annual change in the value of houses in the Longview Real Estate
Market was 11% in the twelve months ended with the 1st Quarter of 2006. The
worst annual change in home values  in the Longview Market was -10% in the
twelve months ended with the 2nd Quarter of 1988.

The highest growth in home values in the Longview Real Estate Market over a
three year period was 27% in the three years ended with the 4th Quarter of
2006. The worst performance over a three year period in the Longview Market
was -8% in the three years ended with the 2nd Quarter of 1988.

This page provides a long term graph of the Longview 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 Longview 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 Longview 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 Longview 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, 2017 Housing Data: Longview, Texas

The trend of Longview 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.

Last Quarter:
During the 2nd Quarter of 2017, Longview Home Prices had a rank of 347, with
appreciation of -0.55%. The top performing real estate market during the 2nd
Quarter was Weirton, OH, with a rise of 14.58%. The worst market during that
period was Bangor, ME, with appreciation of -4.77%.
The median for all cities during the 2nd Quarter was 2.58%. The average for all
markets during the quarter was 2.50%.

Last Year:
During the last 12 months, Longview Home Prices had a rank of 348, with
appreciation during the year of 0.73%. The top performing market during the
last year was Mount Vernon, WA, with an increase of 15.1%. The worst real
estate market during that period was Pine Bluff, AR, with appreciation of -7.9%.
The median for all markets during this period was 5.39%. The average was
5.53%.

Last 5 Years:
Over the 5 years ended with the 2nd Quarter of 2017, Longview Home Prices
ranked 323, with a total appreciation of 8.1%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 93%.
The worst market during that period was Jacksonville, NC, with appreciation of
-3%.
The median for all cities during this time period was 18%. The average over the
5 years was 25%.

Last 10 Years:
During the 10 years ended in the 2nd Quarter of 2017, Longview Home Prices
had a rank of 82, with appreciation during the decade of 15%. The top
performing market during the period was Austin, TX, with a rise of 62%. The
worst real estate market during the 10 year time period was Atlantic City, NJ,
with appreciation of -29%.
The median for all markets during the last 10 years was 4%. The average for
the cities over that time frame was 5%.

Last 20 Years:
During the 20 years ended in the 2nd Quarter of 2017, Longview Home Prices
had a rank of 174, with total growth over the 20 year period of 83%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 289%. The worst market during the last 20 years was Saginaw, MI,
with appreciation of 20%.
The median for all cities during the last 20 years was 79%. The average for the
markets over that time frame was 89%.

Historical research data on the Home Price Index for the Longview Real Estate
Market is available back to the 1st Quarter, of 1983. All calculations are based
on the quarterly value of the House Price Index for Longview. 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 Saturday, November 4, 2017.
SignalTrend  Inc. 2008 - 2017; All rights reserved.


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