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Columbia, SC - House Price Index (HPI) - 29 Year Chart
Columbia Real Estate Market (SC)
100
1000
The House Price Index (HPI) shows changes in Columbia, SC single family home prices in
logarithmic scale. The March, 1995 index value equals 100.  Updated Friday, January 27, 2012. Real
estate forecasts, analysis, statistics and appreciation rates are provided below.
Columbia Real Estate Index: 29 Year Chart
Home Values Appreciation Rate - US Cities
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Columbia Real Estate Market: Trend, Analysis & Statistics
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Commentary  9375
3rd Quarter, 2011 Housing Statistics: Columbia, South Carolina


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:      DOWN
Forecast Accuracy:      95%

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 Columbia housing market for the 12
months ending with the 3rd Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for Columbia 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 Columbia is 95% 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
Columbia Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      94%

The forecast for the trend in the Columbia housing market for the 3 years
ending with the 3rd Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Columbia 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
Columbia is 94% 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 Columbia
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2011 Housing Data: Columbia, South Carolina


Historical Home Price Appreciation
Last Quarter                                     0.92%
Last Year . . . . . . . . . . . . . . . . . . . .  -3.6%
Last 5 Years                                     0%
Last 10 Years . . . . . . . . . . . . . . . . . 24%
Last 20 Years                                   78%
Decline From All Time High               7.25%


Annual Home Price Appreciation Rates
1981      0.93%
1982      9.52%
1983      -1.08%
1984      3.82%
1985      4.12%
1986      7.50%
1987      3.89%
1988      2.26%
1989      5.72%
1990      1.81%
1991      4.22%
1992      1.85%
1993      2.79%
1994      0.78%
1995      4.32%
1996      2.60%
1997      4.36%
1998      4.84%
1999      3.20%
2000      4.91%
2001      5.50%
2002      3.49%
2003      3.43%
2004      4.94%
2005      6.77%
2006      5.57%
2007      3.28%
2008      0.88%
2009      -2.04%
2010      -1.88%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.92%         Rank: 171 of 381 (55th Percentile)
Last Year  . . . . . . . . . . . . . . . .  -3.6%          Rank: 196 of 381 (48th Percentile)
Last 5 Years                              0%             Rank: 131 of 381 (65th Percentile)
Last 10 Years  . . . . . . . . . . . .   24%            Rank: 204 of 381 (46th Percentile)
Last 20 Years                            78%            Rank: 222 of 351 (36th Percentile)
Decline From All Time High        7.25%

Home Price appreciation rates for Columbia, SC are shown above for five time
periods. For example: Columbia appreciated 0.92% in the Last Quarter. At that
rate, the Columbia Real Estate Market was ranked 171st out of 381
metropolitan areas for Real Estate Appreciation. Columbia was in the 55th
percentile. So Columbia, SC performed better in the Last Quarter than 55% of
the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2011 Housing Statistics: Columbia, South Carolina

The all time high in the Columbia Home Price Index was 176.2 in the 2nd
Quarter, of 2009. The 3rd Quarter, 2011 index value was 163.4. That's a
decline of 12.77 points or 7.25% below the Columbia Home Price Index all time
high.  The Home Price Index indicates that the Columbia Market is up 24% over
the last 10 years. Home Prices in the Columbia Real Estate Market have lost
3.55% over the last 12 months. Over the last thirty years, it is up 154%.

The 3rd Quarter index value was 1.49 points higher than the 2nd Quarter, 2011
index value of 161.89, resulting in a 0.92% rise in the 3rd Quarter for the
Columbia Market.

The Columbia 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 Columbia Real Estate Market
was 17% in the twelve months ended with the 3rd Quarter of 1980. The worst
annual home appreciation rate in the Columbia Market was -4% in the twelve
months ended with the 2nd Quarter of 2011.

The highest home appreciation in the Columbia Real Estate Market over a
three year period was 26% in the three years ended with the 4th Quarter of
1981. The worst home appreciation over a three year period in the Columbia
Market was -7% in the three years ended with the 2nd Quarter of 2011.

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

Historical data on the Columbia Home Price Index is available back to the 3rd
Quarter, of 1979. All calculations are based on the quarterly value of the House
Price Index for the Columbia 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 Columbia 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: Columbia, South Carolina

The appreciation of Columbia 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, Columbia Home Prices had a rank of 171, with
appreciation of 0.92%. 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, Columbia Home Prices had a rank of 196, with
appreciation during the year of -3.55%. 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, Columbia Home Prices
ranked 131, with a total appreciation of -0.3%. 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, Columbia Home Prices
had a rank of 204, with appreciation during the decade of 24%. 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, Columbia Home Prices
had a rank of 222, with total appreciation over the 20 year period of 78%. 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 Columbia Real Estate
Market is available back to the 3rd Quarter, of 1979. All calculations are based
on the quarterly value of the House Price Index for Columbia. 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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