Los Angeles, CA - House Price Index (HPI)
Los Angeles Real Estate Market Forecast
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The House Price Index (HPI) shows changes in Los Angeles-Long Beach-Glendale, CA single family
home prices in
logarithmic scale. The March, 1995 index value equals 100.  Updated Tuesday, June
30, 2015. Real estate forecasts, analysis, statistics and appreciation rates are provided below.
10
Los Angeles Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  18649
3rd Quarter, 2014 Housing Statistics: Los Angeles, California


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 Los Angeles housing market for the 12
months ending with the 3rd Quarter of 2015 is UP. The Accuracy of the Trend
Projection for Los Angeles 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 Los Angeles 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
Los Angeles Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      80%

The forecast for the trend in the Los Angeles housing market for the 3 years
ending with the 3rd Quarter of 2017 is UP. The Accuracy of the Trend
Prediction for Los Angeles 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 Los Angeles is 80% 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
Los Angeles Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2014 Housing Data: Los Angeles, California


Historical Home Price Appreciation
Last Quarter                         2.00%
Last Year                              10.5%
Last 5 Years                         21%
Last 10 Years                       14%
Last 20 Years                       170%
Decline From All Time High   17.59%


Annual Home Price Appreciation Rates
1984      3.96%
1985      6.74%
1986      8.54%
1987      15.68%
1988      23.59%
1989      20.09%
1990      -0.48%
1991      -0.56%
1992      -3.86%
1993      -6.64%
1994      -9.58%
1995      1.88%
1996      -2.49%
1997      4.98%
1998      10.07%
1999      5.80%
2000      8.99%
2001      9.97%
2002      15.11%
2003      17.93%
2004      27.21%
2005      23.57%
2006      7.82%
2007      -6.51%
2008      -22.31%
2009      -5.57%
2010      -0.59%
2011      -4.22%
2012      1.98%
2013      16.26%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              2.00%         Rank: 137 of 381 (64th Percentile)
Last Year  . . . . . . . . . . . . . . . .  10.5%          Rank: 34 of 381 (91st Percentile)
Last 5 Years                              21%            Rank: 21 of 381 (94th Percentile)
Last 10 Years  . . . . . . . . . . . .   14%            Rank: 160 of 381 (58th Percentile)
Last 20 Years                            170%          Rank: 8 of 378 (98th Percentile)
Decline From All Time High        17.59%

The change in home prices for Los Angeles-Long Beach-Glendale, CA are
shown above for five time periods. For example: Los Angeles appreciated
2.00% in the Last Quarter. At that rate, the Los Angeles Real Estate Market
was ranked 137th out of 381 metropolitan Real Estate Markets. Los Angeles
was in the 64th percentile. So Los Angeles, CA performed better in the Last
Quarter than 64% of the 381 metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2014 Housing Statistics: Los Angeles, California

The data and analysis on this page pertains to Los Angeles-Long
Beach-Glendale, CA, hereinafter referred to as "Los Angeles". The all time high
in the Los Angeles Home Price Index was 338.7 in the 4th Quarter, of 2006.
The 3rd Quarter, 2014 index value was 279.1. That's a decline of 59.59 points
or 17.59% below the Los Angeles Home Price Index all time high.  The Home
Price Index indicates that the Los Angeles Market is up 14% over the last 10
years. Home prices in the Los Angeles Real Estate Market have gained 10.54%
over the last 12 months. Over the last thirty years, it is up 344%.

The 3rd Quarter index value was 5.48 points higher than the 2nd Quarter, 2014
index value of 273.64, resulting in a 2.00% rise in the 3rd Quarter for the Los
Angeles Market.

The Los Angeles Home Price Index has increased for the last 9 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 Los Angeles Real
Estate Market was 32% in the twelve months ended with the 3rd Quarter of
2004. The worst annual change in home values  in the Los Angeles Market was
-22% in the twelve months ended with the 4th Quarter of 2008.

The highest growth in home values in the Los Angeles Real Estate Market over
a three year period was 87% in the three years ended with the 1st Quarter of
2006. The worst performance over a three year period in the Los Angeles
Market was -32% in the three years ended with the 3rd Quarter of 2009.

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

The trend of Los Angeles 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 Los Angeles-Long Beach-Glendale, CA, hereinafter referred to as "Los
Angeles".

Last Quarter:
During the 3rd Quarter of 2014, Los Angeles Home Prices had a rank of 137,
with appreciation of 2.00%. 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, Los Angeles Home Prices had a rank of 34, with
appreciation during the year of 10.54%. 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, Los Angeles Home Prices
ranked 21, with a total appreciation of 21.5%. 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, Los Angeles Home
Prices had a rank of 160, with appreciation during the decade of 14%. 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, Los Angeles Home
Prices had a rank of 8, 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 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 Los Angeles Real
Estate Market is available back to the 2nd Quarter, of 1975. All calculations are
based on the quarterly value of the House Price Index for Los Angeles. 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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