__________________________________________
Cedar Rapids, IA - House Price Index (HPI) - 29 Year Chart
Cedar Rapids Real Estate Market
100
1000
The House Price Index (HPI) shows changes in Cedar Rapids, IA single family home prices in
logarithmic scale. The March, 1995 index value equals 100.  Updated Wednesday, April 18, 2012.
Real estate forecasts, analysis, statistics and appreciation rates are provided below.
Cedar Rapids Real Estate Index: 29 Year Chart
Home Values Appreciation Rate - US Cities
10
Cedar Rapids Real Estate Market: Trend, Analysis & Statistics
Home        About Us
1/1980         1/1985        1/1990        1/1995        1/2000         1/2005        1/2010
Commentary  10119
4th Quarter, 2011 Housing Statistics: Cedar Rapids, Iowa


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      94%

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 Cedar Rapids housing market for the
12 months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Cedar Rapids is 94%. In other words, when tested against
historical data, the forecasting methodology was correct 94% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Cedar Rapids is 94% during this period. If this Housing Market
Forecast is correct, home prices will be lower in the 4th Quarter of 2012 than
they were in the 4th Quarter of 2011. Check this page each quarter for updates
to the Cedar Rapids Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      95%

The forecast for the trend in the Cedar Rapids housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Cedar Rapids is 95%. In other words, when tested against
historical data, the forecasting methodology was correct 95% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Cedar Rapids is 95% during this period. If this Housing Market
Forecast is correct, home prices will be lower in the 4th Quarter of 2014 than
they were in the 4th Quarter of 2011. Check this page each quarter for updates
to the Cedar Rapids Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Cedar Rapids, Iowa


Historical Home Price Appreciation
Last Quarter                                     -0.35%
Last Year . . . . . . . . . . . . . . . . . . . .  -0.5%
Last 5 Years                                     2%
Last 10 Years . . . . . . . . . . . . . . . . . 18%
Last 20 Years                                   81%
Decline From All Time High               1.13%


Annual Home Price Appreciation Rates
1982        n/a
1983        n/a
1984        n/a
1985      0.63%
1986      3.95%
1987      3.31%
1988      5.86%
1989      6.64%
1990      3.84%
1991      6.09%
1992      4.25%
1993      7.23%
1994      8.17%
1995      4.94%
1996      1.54%
1997      3.00%
1998      4.23%
1999      1.67%
2000      4.38%
2001      4.71%
2002      3.32%
2003      3.25%
2004      3.63%
2005      2.91%
2006      1.59%
2007      1.62%
2008      0.48%
2009      0.09%
2010      0.02%
2011      -0.49%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -0.35%        Rank: 281 of 381 (26th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -0.5%          Rank: 74 of 381 (80th Percentile)
Last 5 Years                              2%              Rank: 93 of 381 (75th Percentile)
Last 10 Years  . . . . . . . . . . . .   18%            Rank: 263 of 381 (31st Percentile)
Last 20 Years                            81%            Rank: 201 of 355 (43rd Percentile)
Decline From All Time High        1.13%

Home Price appreciation rates for Cedar Rapids, IA are shown above for five
time periods. For example: Cedar Rapids appreciated -0.35% in the Last
Quarter. At that rate, the Cedar Rapids Real Estate Market was ranked 281st
out of 381 metropolitan areas for Real Estate Appreciation. Cedar Rapids was
in the 26th percentile. So Cedar Rapids, IA performed better in the Last Quarter
than 26% of the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Cedar Rapids, Iowa

The all time high in the Cedar Rapids Home Price Index was 150.9 in the 3rd
Quarter, of 2010. The 4th Quarter, 2011 index value was 149.2. That's a
decline of 1.70 points or 1.13% below the Cedar Rapids Home Price Index all
time high.  The Home Price Index indicates that the Cedar Rapids Market is up
18% over the last 10 years. Home Prices in the Cedar Rapids Real Estate
Market have lost 0.49% over the last 12 months.

The 4th Quarter index value was 0.53 points lower than the 3rd Quarter, 2011
index value of 149.72, resulting in a 0.35% decline for the 4th Quarter in the
Cedar Rapids Market.

The Cedar Rapids Home Price Index declined in the last quarter after
increasing in the previous quarter. The current record holder for consecutive
declines in the Home Price Index is Las Vegas, NV, with declines in the last 20
consecutive quarters. The current record holders for consecutive increases in
the Home Price Index are Wheeling, WV; Washington, DC; St. Cloud, MN and
Grand Forks, ND, with increases in the last 4 consecutive quarters.

The highest annual home appreciation rate in the Cedar Rapids Real Estate
Market was 15% in the twelve months ended with the 2nd Quarter of 1980. The
worst annual home appreciation rate in the Cedar Rapids Market was -12% in
the twelve months ended with the 1st Quarter of 1981.

The highest home appreciation in the Cedar Rapids Real Estate Market over a
three year period was 22% in the three years ended with the 4th Quarter of
1995. The worst home appreciation over a three year period in the Cedar
Rapids Market was -11% in the three years ended with the 2nd Quarter of 1983.

This page provides a long term graph of the Cedar Rapids Home Price Index
(above). The house price chart has been updated through the 4th Quarter of
2011. For more information about Cedar Rapids Home Prices, look at the links
under that chart. One link opens a long term chart of historical appreciation
rates for the Cedar Rapids Real Estate Market. Another opens a forecast for
appreciation rates in the state of Iowa. 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 Cedar Rapids Home Prices will be at your
fingertips when you need them.

Historical data on the Cedar Rapids Home Price Index is available back to the
2nd Quarter, of 1979. All calculations are based on the quarterly value of the
House Price Index for the Cedar Rapids 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 Cedar Rapids 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
4th Quarter, 2011 Housing Data: Cedar Rapids, Iowa

The appreciation of Cedar Rapids 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 4th Quarter of 2011, Cedar Rapids Home Prices had a rank of 281,
with appreciation of -0.35%. The top performing real estate market during the
4th Quarter was Vineland, NJ, with appreciation of 6.09%. The worst market
during that period was Valdosta, GA, with appreciation of -5.24%.
The median appreciation for all cities during the 4th Quarter was 0.24%. The
average appreciation for all markets during the quarter was 0.29%.

Last Year:
During the last 12 months, Cedar Rapids Home Prices had a rank of 74, with
appreciation during the year of -0.49%. The top performing market during the
last year was Midland, TX, with appreciation of 4.7%. The worst real estate
market during that period was Carson City, NV, with appreciation of -18.1%.
The median appreciation for all markets during this period was -2.61%. The
average appreciation was -2.93%.

Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2011, Cedar Rapids Home
Prices ranked 93, with a total appreciation of 1.7%. The top performing real
estate market during the 5 year period was Midland, TX, with appreciation of
23%. The worst market during that period was Merced, CA, with appreciation of
-62%.
The median appreciation for all cities during this time period was -7%. The
average appreciation over the 5 years was -11%.

Last 10 Years:
During the 10 years ended in the 4th Quarter of 2011, Cedar Rapids Home
Prices had a rank of 263, with appreciation during the decade of 18%. 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 24%. The
average appreciation for the cities over that time frame was 25%.

Last 20 Years:
During the 20 years ended in the 4th Quarter of 2011, Cedar Rapids Home
Prices had a rank of 201, with total appreciation over the 20 year period of
81%. The top performing real estate market during the period was Casper, WY,
with appreciation of 222%. The worst market during the last 20 years was Las
Vegas, NV, with appreciation of 5%.
The median appreciation for all cities during the last 20 years was 85%. The
average appreciation for the markets over that time frame was 87%.

Historical research data on the Home Price Index for the Cedar Rapids Real
Estate Market is available back to the 2nd Quarter, of 1979. All calculations are
based on the quarterly value of the House Price Index for Cedar Rapids. 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.)




























































_____________________________________________________________
Report a Problem with this Page    Contact Us     Privacy Policy    Terms of Use/Disclosure      
                                      SignalTrend Inc.  2008 - 2012, All Rights Reserved