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Fort Lauderdale, FL - House Price Index (HPI) - 32 Year Chart
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Fort Lauderdale Real Estate Market Forecast
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The House Price Index (HPI) shows changes in Fort Lauderdale-Pompano Beach-Deerfield Beach, FL
single family home prices in logarithmic scale. The March, 1995 index value is 100. Updated Thursday,
April 19, 2012. Real estate forecasts, analysis and appreciation rates are provided below.
Fort Lauderdale Real Estate Market: Trend, Analysis & Statistics
1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010
Commentary 10182
4th Quarter, 2011 Housing Statistics: Fort Lauderdale, Florida
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: DOWN
Forecast Accuracy: 84%
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 Fort Lauderdale housing market for
the 12 months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of
the Trend Forecast for Fort Lauderdale 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 Fort Lauderdale is 84% 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 Fort Lauderdale Real Estate Market Forecast.
3 Year Forecast: DOWN
Forecast Accuracy: 81%
The forecast for the trend in the Fort Lauderdale housing market for the 3
years ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for Fort Lauderdale is 81%. In other words, when tested against
historical data, the forecasting methodology was correct 81% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for falling house
prices in Fort Lauderdale is 81% 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 Fort Lauderdale Real Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Fort Lauderdale, Florida
Historical Home Price Appreciation
Last Quarter 0.72%
Last Year . . . . . . . . . . . . . . . . . . . . -4.0%
Last 5 Years -45%
Last 10 Years . . . . . . . . . . . . . . . . . 22%
Last 20 Years 90%
Decline From All Time High 44.94%
Annual Home Price Appreciation Rates
1982 6.17%
1983 0.82%
1984 1.14%
1985 0.58%
1986 5.54%
1987 5.42%
1988 4.77%
1989 4.28%
1990 -0.69%
1991 1.94%
1992 2.29%
1993 3.19%
1994 -0.26%
1995 4.39%
1996 0.29%
1997 3.91%
1998 4.31%
1999 3.65%
2000 9.97%
2001 14.42%
2002 13.69%
2003 14.46%
2004 21.80%
2005 30.05%
2006 7.19%
2007 -9.71%
2008 -28.30%
2009 -10.82%
2010 -0.49%
2011 -3.99%
Real Estate Appreciation, Rank & Percentile
Last Quarter 0.72% Rank: 121 of 381 (68th Percentile)
Last Year . . . . . . . . . . . . . . . . -4.0% Rank: 260 of 381 (31st Percentile)
Last 5 Years -45% Rank: 354 of 381 (7th Percentile)
Last 10 Years . . . . . . . . . . . . 22% Rank: 222 of 381 (41st Percentile)
Last 20 Years 90% Rank: 147 of 355 (58th Percentile)
Decline From All Time High 44.94%
Home Price appreciation rates for Fort Lauderdale-Pompano Beach-Deerfield
Beach, FL (M are shown above for five time periods. For example: Fort
Lauderdale appreciated 0.72% in the Last Quarter. At that rate, the Fort
Lauderdale Real Estate Market was ranked 121st out of 381 metropolitan areas
for Real Estate Appreciation. Fort Lauderdale was in the 68th percentile. So
Fort Lauderdale, FL performed better in the Last Quarter than 68% of the 381
metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Fort Lauderdale, Florida
The data and analysis on this page pertains to Fort Lauderdale-Pompano
Beach-Deerfield Beach, FL (M, hereinafter referred to as "Fort Lauderdale".
The all time high in the Fort Lauderdale Home Price Index was 324.8 in the 3rd
Quarter, of 2006. The 4th Quarter, 2011 index value was 178.9. That's a
decline of 145.98 points or 44.94% below the Fort Lauderdale Home Price
Index all time high. The Home Price Index indicates that the Fort Lauderdale
Market is up 22% over the last 10 years. Home Prices in the Fort Lauderdale
Real Estate Market have lost 3.99% over the last 12 months. Over the last thirty
years, it is up 154%.
The 4th Quarter index value was 1.27 points higher than the 3rd Quarter, 2011
index value of 177.59, resulting in a 0.72% rise in the 4th Quarter for the Fort
Lauderdale Market.
The Fort Lauderdale Home Price Index has increased for the last 2 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 current record
holder for consecutive declines in the Home Price Index is Las Vegas, NV, with
declines in the last 20 consecutive quarters.
The highest annual home appreciation rate in the Fort Lauderdale Real Estate
Market was 30% in the twelve months ended with the 4th Quarter of 2005. The
worst annual home appreciation rate in the Fort Lauderdale Market was -28% in
the twelve months ended with the 4th Quarter of 2008.
The highest home appreciation in the Fort Lauderdale Real Estate Market over
a three year period was 85% in the three years ended with the 1st Quarter of
2006. The worst home appreciation over a three year period in the Fort
Lauderdale Market was -42% in the three years ended with the 4th Quarter of
2009.
This page provides a long term graph of the Fort Lauderdale Home Price Index
(above). The house price chart has been updated through the 4th Quarter of
2011. For more information about Fort Lauderdale Home Prices, look at the
links under that chart. One link opens a long term chart of historical
appreciation rates for the Fort Lauderdale Real Estate Market. Another opens a
forecast for appreciation rates in the state of Florida. 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 Fort Lauderdale
Home Prices will be at your fingertips when you need them.
Historical data on the Fort Lauderdale Home Price Index is available back to the
1st Quarter, of 1976. All calculations are based on the quarterly value of the
House Price Index for the Fort Lauderdale 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 Fort Lauderdale 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: Fort Lauderdale, Florida
The appreciation of Fort Lauderdale 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 Fort Lauderdale-Pompano Beach-Deerfield Beach, FL (M,
hereinafter referred to as "Fort Lauderdale".
Last Quarter:
During the 4th Quarter of 2011, Fort Lauderdale Home Prices had a rank of
121, with appreciation of 0.72%. 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, Fort Lauderdale Home Prices had a rank of 260,
with appreciation during the year of -3.99%. 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, Fort Lauderdale Home
Prices ranked 354, with a total appreciation of -44.8%. 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, Fort Lauderdale Home
Prices had a rank of 222, with appreciation during the decade of 22%. 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, Fort Lauderdale Home
Prices had a rank of 147, with total appreciation over the 20 year period of
90%. 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 Fort Lauderdale Real
Estate Market is available back to the 1st Quarter, of 1976. The chart has been
updated through the 4th Quarter of 2011. All calculations are based on the
quarterly value of the House Price Index for Fort Lauderdale. 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.)
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