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Albuquerque, NM - House Price Index (HPI) - 31 Year Chart
Albuquerque Real Estate Market
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The House Price Index (HPI) shows changes in Albuquerque, NM single family home prices in
logarithmic scale. The March, 1995 index value equals 100.  Updated Wednesday, January 25, 2012.
Real estate forecasts, analysis, statistics and appreciation rates are provided below.
Albuquerque Real Estate Index: 31 Year Chart
Home Values Appreciation Rate - US Cities
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Albuquerque Real Estate Market: Trend, Analysis & Statistics
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Commentary  9302
3rd Quarter, 2011 Housing Statistics: Albuquerque, New Mexico


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      80%

Forecast-Chart.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 Albuquerque housing market for the
12 months ending with the 3rd Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Albuquerque is 80%. In other words, when tested against
historical data, the forecasting methodology was correct 80% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Albuquerque is 80% during this period. If this Housing Market Forecast
is correct, home prices will be lower in the 3rd Quarter of 2012 than they were
in the 3rd Quarter of 2011. Check this page each quarter for updates to the
Albuquerque Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      84%

The forecast for the trend in the Albuquerque housing market for the 3 years
ending with the 3rd Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Albuquerque is 84%. In other words, when tested against historical
data, the forecasting methodology was correct 84% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Albuquerque is 84% during this period. If this Housing Market Forecast is
correct, home prices will be lower in the 3rd Quarter of 2014 than they were in
the 3rd Quarter of 2011. Check this page each quarter for updates to the
Albuquerque Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2011 Housing Data: Albuquerque, New Mexico


Historical Home Price Appreciation
Last Quarter                                     1.43%
Last Year . . . . . . . . . . . . . . . . . . . .  -4.8%
Last 5 Years                                     -10%
Last 10 Years . . . . . . . . . . . . . . . . . 37%
Last 20 Years                                   102%
Decline From All Time High               14.21%


Annual Home Price Appreciation Rates
1981      1.95%
1982      5.10%
1983      8.53%
1984      5.19%
1985      2.09%
1986      5.73%
1987      1.28%
1988      -1.02%
1989      2.78%
1990      -0.97%
1991      2.95%
1992      5.37%
1993      8.48%
1994      11.04%
1995      6.02%
1996      0.68%
1997      2.52%
1998      1.46%
1999      -1.01%
2000      1.48%
2001      4.49%
2002      3.25%
2003      4.64%
2004      7.42%
2005      15.42%
2006      13.91%
2007      2.84%
2008      -3.42%
2009      -4.84%
2010      -2.42%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              1.43%         Rank: 118 of 381 (69th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -4.8%          Rank: 241 of 381 (36th Percentile)
Last 5 Years                              -10%           Rank: 222 of 381 (41st Percentile)
Last 10 Years  . . . . . . . . . . . .   37%            Rank: 102 of 381 (73rd Percentile)
Last 20 Years                            102%          Rank: 104 of 351 (70th Percentile)
Decline From All Time High        14.21%

Home Price appreciation rates for Albuquerque, NM are shown above for five
time periods. For example: Albuquerque appreciated 1.43% in the Last Quarter.
At that rate, the Albuquerque Real Estate Market was ranked 118th out of 381
metropolitan areas for Real Estate Appreciation. Albuquerque was in the 69th
percentile. So Albuquerque, NM performed better in the Last Quarter than 69%
of the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2011 Housing Statistics: Albuquerque, New Mexico

The all time high in the Albuquerque Home Price Index was 182.4 in the 1st
Quarter, of 2008. The 3rd Quarter, 2011 index value was 156.4. That's a
decline of 25.92 points or 14.21% below the Albuquerque Home Price Index all
time high.  The Home Price Index indicates that the Albuquerque Market is up
37% over the last 10 years. Home Prices in the Albuquerque Real Estate
Market have lost 4.81% over the last 12 months. Over the last thirty years, it is
up 169%.

The 3rd Quarter index value was 2.21 points higher than the 2nd Quarter, 2011
index value of 154.22, resulting in a 1.43% rise in the 3rd Quarter for the
Albuquerque Market.

The Albuquerque Home Price Index increased in the last quarter after falling in
the previous 3 quarters. The current record holder for consecutive increases in
the Home Price Index is Bismarck, ND, with increases in the last 6 consecutive
quarters. The current record holder for consecutive declines in the Home Price
Index is Las Vegas, NV, with declines in the last 19 consecutive quarters.

The highest annual home appreciation rate in the Albuquerque Real Estate
Market was 18% in the twelve months ended with the 2nd Quarter of 1979. The
worst annual home appreciation rate in the Albuquerque Market was -6% in the
twelve months ended with the 2nd Quarter of 2011.

The highest home appreciation in the Albuquerque Real Estate Market over a
three year period was 45% in the three years ended with the 3rd Quarter of
1980. The worst home appreciation over a three year period in the
Albuquerque Market was -14% in the three years ended with the 2nd Quarter of
2011.

This page provides a long term graph of the Albuquerque Home Price Index
(above). The house price chart has been updated through the 3rd Quarter of
2011. For more information about Albuquerque Home Prices, look at the links
under that chart. One link opens a long term chart of historical appreciation
rates for the Albuquerque Real Estate Market. Another opens a forecast for
appreciation rates in the state of New Mexico. Just one glance at
Forecast-Chart.com's long term charts can provide tremendous insight into the
historical trends of residential property values. Bookmark this page! Then
Forecast-Chart.com's detailed research and statistics about Albuquerque Home
Prices will be at your fingertips when you need them.

Historical data on the Albuquerque Home Price Index is available back to the
3rd Quarter, of 1977. All calculations are based on the quarterly value of the
House Price Index for the Albuquerque 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 Albuquerque 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, 2011 Housing Data: Albuquerque, New Mexico

The appreciation of Albuquerque 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 3rd Quarter of 2011, Albuquerque Home Prices had a rank of 118,
with appreciation of 1.43%. The top performing real estate market during the
3rd Quarter was Lewiston, ID, with appreciation of 7.64%. The worst market
during that period was Sumter, SC, with appreciation of -5.30%.
The median appreciation for all cities during the 3rd Quarter was 0.70%. The
average appreciation for all markets during the quarter was 0.72%.

Last Year:
During the last 12 months, Albuquerque Home Prices had a rank of 241, with
appreciation during the year of -4.81%. The top performing market during the
last year was Elmira, NY, with appreciation of 6.1%. The worst real estate
market during that period was Carson City, NV, with appreciation of -15.4%.
The median appreciation for all markets during this period was -3.41%. The
average appreciation was -4.02%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2011, Albuquerque Home
Prices ranked 222, with a total appreciation of -9.5%. The top performing real
estate market during the 5 year period was Midland, TX, with appreciation of
27%. The worst market during that period was Merced, CA, with appreciation of
-64%.
The median appreciation for all cities during this time period was -6%. The
average appreciation over the 5 years was -10%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2011, Albuquerque Home
Prices had a rank of 102, with appreciation during the decade of 37%. The top
performing market during the period was Midland, TX, with appreciation of 92%.
The worst real estate market during the 10 year time period was Detroit, MI, with
appreciation of -29%.
The median appreciation for all markets during the last 10 years was 26%. The
average appreciation for the cities over that time frame was 26%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2011, Albuquerque Home
Prices had a rank of 104, with total appreciation over the 20 year period of
102%. The top performing real estate market during the period was Casper,
WY, with appreciation of 214%. The worst market during the last 20 years was
Merced, CA, with appreciation of 6%.
The median appreciation for all cities during the last 20 years was 87%. The
average appreciation for the markets over that time frame was 89%.

Historical research data on the Home Price Index for the Albuquerque Real
Estate Market is available back to the 3rd Quarter, of 1977. The chart has been
updated through the 3rd Quarter of 2011. All calculations are based on the
quarterly value of the House Price Index for Albuquerque. Real estate
appreciation figures represent total appreciation over each time period. (Unless
specifically stated, the appreciation figures do not represent annual or quarterly
rates of appreciation.)



PART 5: NATIONAL ECONOMIC FORECASTS
Local economies and home values are influenced in varying degrees by
national economic conditions. Forecasts for some relevant indicators are
included below. The date shown to the right of the forecast represents the
target date of the forecast.   Abbreviations: SSAR (Seasonally Adjusted Annual
Rate),  Q1 (First Quarter),  Q2 (Second Quarter),  etc.

U. S. Home Values (12 Month Appreciation or Depreciation)  -1.9%  (2012-Q4)
30 Year Mortgage Interest Rate:  3.25%  (December, 2012)
15 Year Mortgage Rate:  2.93%  (December, 2012)
Adjustable Rate Mortgage Rate:  0.00%  (December, 2012)
Housing Starts (SSAR in 1000's):  732  (November, 2012)
Prime Interest Rate:  0.11%  (December, 2012)
US Unemployment Rate (Overall):  8.63%  (November, 2012)
US Inflation or Deflation (-):  3.04%  (November, 2012)
Crude Oil Prices (Dollars per Barrel):  $92.4  (November, 2012)
Natural Gas Prices (Dollars Per Million BTU):  $3.37  (November, 2012)
U.S. Dollar Trade Weighted Currency Exchange Index:   105  (December, 2012)
GDP (Gross Domestic Product) SSAR in Trillions:  $15.6  (2012-Q2)
GNP (Gross National Product) SSAR in Trillions:  $16.0  (2012-Q2)
Federal Surplus or Deficit (-) in Billions:  $-1704  (2011)
National Debt (Trillions):  $14.6  (2012-Q2)
Fed Funds Rate:  4.03%  (December, 2012)
S&P 500 (Standard & Poor's 500 Stock Index):  1245  (December, 2012)
DJIA (Dow Jones Industrial Average):  12030  (December, 2012)
U. S. Exports (SSAR in Billions):  $2338  (2012-Q2)
U. S. Imports (SSAR in Billions):  $3042  (2012-Q2)
U. S. Personal Savings Rate:  4.61%  (November, 2012)

































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