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Atlantic City, NJ - House Price Index (HPI) - 25 Year Char
Atlantic City Real Estate Market
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1000
The House Price Index (HPI) shows changes in Atlantic City-Hammonton, NJ 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.
Atlantic City Real Estate Index: 25 Year Chart
Home Values Appreciation Rate - US Cities
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Atlantic City Real Estate Market: Trend, Analysis & Statistics
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Commentary  9317
3rd Quarter, 2011 Housing Statistics: Atlantic City, New Jersey


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      77%

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 Atlantic City housing market for the 12
months ending with the 3rd Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Atlantic City is 77%. In other words, when tested against
historical data, the forecasting methodology was correct 77% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Atlantic City is 77% 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
Atlantic City Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      74%

The forecast for the trend in the Atlantic City housing market for the 3 years
ending with the 3rd Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Atlantic City is 74%. In other words, when tested against historical
data, the forecasting methodology was correct 74% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
Atlantic City is 74% 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
Atlantic City Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2011 Housing Data: Atlantic City, New Jersey


Historical Home Price Appreciation
Last Quarter                                     -1.50%
Last Year . . . . . . . . . . . . . . . . . . . .  -7.4%
Last 5 Years                                     -22%
Last 10 Years . . . . . . . . . . . . . . . . . 56%
Last 20 Years                                   105%
Decline From All Time High               22.53%


Annual Home Price Appreciation Rates
1981        n/a
1982        n/a
1983        n/a
1984      2.72%
1985      7.05%
1986      8.82%
1987      14.64%
1988      9.11%
1989      8.08%
1990      -0.99%
1991      -0.52%
1992      1.64%
1993      0.67%
1994      -6.29%
1995      3.47%
1996      -0.07%
1997      5.12%
1998      4.92%
1999      1.85%
2000      8.24%
2001      10.03%
2002      12.04%
2003      14.93%
2004      19.86%
2005      19.38%
2006      7.40%
2007      -3.27%
2008      -6.69%
2009      -8.33%
2010      -0.60%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -1.50%        Rank: 349 of 381 (8th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -7.4%          Rank: 317 of 381 (16th Percentile)
Last 5 Years                              -22%           Rank: 306 of 381 (19th Percentile)
Last 10 Years  . . . . . . . . . . . .   56%            Rank: 20 of 381 (95th Percentile)
Last 20 Years                            105%          Rank: 91 of 351 (74th Percentile)
Decline From All Time High        22.53%

Home Price appreciation rates for Atlantic City-Hammonton, NJ are shown
above for five time periods. For example: Atlantic City appreciated -1.50% in the
Last Quarter. At that rate, the Atlantic City Real Estate Market was ranked
349th out of 381 metropolitan areas for Real Estate Appreciation. Atlantic City
was in the 8th percentile. So Atlantic City, NJ performed better in the Last
Quarter than 8% of the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2011 Housing Statistics: Atlantic City, New Jersey

The data and analysis on this page pertains to Atlantic City-Hammonton, NJ,
hereinafter referred to as "Atlantic City". The all time high in the Atlantic City
Home Price Index was 273.9 in the 4th Quarter, of 2006. The 3rd Quarter, 2011
index value was 212.1. That's a decline of 61.71 points or 22.53% below the
Atlantic City Home Price Index all time high.  The Home Price Index indicates
that the Atlantic City Market is up 56% over the last 10 years. Home Prices in
the Atlantic City Real Estate Market have lost 7.38% over the last 12 months.

The 3rd Quarter index value was 3.22 points lower than the 2nd Quarter, 2011
index value of 215.36, resulting in a 1.50% decline for the 3rd Quarter in the
Atlantic City Market.

The Atlantic City Home Price Index has declined for the last 4 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
current record holder for consecutive increases in the Home Price Index is
Bismarck, ND, with increases in the last 6 consecutive quarters.

The highest annual home appreciation rate in the Atlantic City Real Estate
Market was 23% in the twelve months ended with the 2nd Quarter of 2005. The
worst annual home appreciation rate in the Atlantic City Market was -9% in the
twelve months ended with the 1st Quarter of 2010.

The highest home appreciation in the Atlantic City Real Estate Market over a
three year period was 65% in the three years ended with the 2nd Quarter of
2006. The worst home appreciation over a three year period in the Atlantic City
Market was -18% in the three years ended with the 1st Quarter of 2010.

This page provides a long term graph of the Atlantic City Home Price Index
(above). The house price chart has been updated through the 3rd Quarter of
2011. For more information about Atlantic City Home Prices, look at the links
under that chart. One link opens a long term chart of historical appreciation
rates for the Atlantic City Real Estate Market. Another opens a forecast for
appreciation rates in the state of New Jersey. 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 Atlantic City Home
Prices will be at your fingertips when you need them.

Historical data on the Atlantic City Home Price Index is available back to the 3rd
Quarter, of 1983. All calculations are based on the quarterly value of the House
Price Index for the Atlantic City 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 Atlantic City 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: Atlantic City, New Jersey

The appreciation of Atlantic City 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 Atlantic City-Hammonton, NJ, hereinafter referred to as "Atlantic City".

Last Quarter:
During the 3rd Quarter of 2011, Atlantic City Home Prices had a rank of 349,
with appreciation of -1.50%. 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, Atlantic City Home Prices had a rank of 317, with
appreciation during the year of -7.38%. 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, Atlantic City Home Prices
ranked 306, with a total appreciation of -21.9%. 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, Atlantic City Home
Prices had a rank of 20, with appreciation during the decade of 56%. 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, Atlantic City Home
Prices had a rank of 91, with total appreciation over the 20 year period of
105%. 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 Atlantic City Real
Estate Market is available back to the 3rd Quarter, of 1983. All calculations are
based on the quarterly value of the House Price Index for Atlantic City. 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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