__________________________________________
Lake Charles, LA - House Price Index (HPI) - 20 Year Chart
Lake Charles Real Estate Market
100
1000
The House Price Index (HPI) shows changes in Lake Charles, LA single family home prices in
logarithmic scale. The March, 1995 index value equals 100.  Updated Tuesday, April 24, 2012. Real
estate forecasts, analysis, statistics and appreciation rates are provided below.
Lake Charles Real Estate Index: 20 Year Chart
Home Values Appreciation Rate - US Cities
10
Lake Charles Real Estate Market: Trend, Analysis & Statistics
Home        About Us
1/75      1/1980        1/1985        1/1990        1/1995         1/2000        1/2005        1/2010         1/15
Commentary  10246
4th Quarter, 2011 Housing Statistics: Lake Charles, Louisiana


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      85%

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 Lake Charles housing market for the
12 months ending with the 4th Quarter of 2012 is UP. The Accuracy of the
Trend Forecast for Lake Charles is 85%. In other words, when tested against
historical data, the forecasting methodology was correct 85% of the time.
Accordingly, Forecast-Chart.com estimates that the probability for rising house
prices in Lake Charles is 85% during this period. If this Housing Market
Forecast is correct, home prices will be higher in the 4th Quarter of 2012 than
they were in the 4th Quarter of 2011. Check this page each quarter for updates
to the Lake Charles Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      90%

The forecast for the trend in the Lake Charles housing market for the 3 years
ending with the 4th Quarter of 2014 is UP. The Accuracy of the Trend Forecast
for Lake Charles is 90%. In other words, when tested against historical data, the
forecasting methodology was correct 90% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Lake Charles is 90% during this period. If this Housing Market Forecast is
correct, home prices will be higher in the 4th Quarter of 2014 than they were in
the 4th Quarter of 2011. Check this page each quarter for updates to the Lake
Charles Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: Lake Charles, Louisiana


Historical Home Price Appreciation
Last Quarter                         2.46%
Last Year                              0.9%
Last 5 Years                         6%
Last 10 Years                       41%
Last 20 Years                       106%
Decline From All Time High   1.26%


Annual Home Price Appreciation Rates
1982        n/a
1983        n/a
1984        n/a
1985        n/a
1986        n/a
1987        n/a
1988        n/a
1989      9.72%
1990      -8.48%
1991      2.44%
1992      3.06%
1993      5.22%
1994      4.54%
1995      6.77%
1996      3.41%
1997      1.95%
1998      6.67%
1999      0.32%
2000      1.33%
2001      5.99%
2002      3.70%
2003      1.87%
2004      3.87%
2005      8.85%
2006      10.95%
2007      2.11%
2008      2.05%
2009      2.25%
2010      -1.31%
2011      0.91%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              2.46%         Rank: 26 of 381 (93rd Percentile)
Last Year  . . . . . . . . . . . . . . . .  0.9%           Rank: 23 of 381 (94th Percentile)
Last 5 Years                              6%              Rank: 36 of 381 (90th Percentile)
Last 10 Years  . . . . . . . . . . . .   41%            Rank: 67 of 381 (82nd Percentile)
Last 20 Years                            106%          Rank: 86 of 355 (75th Percentile)
Decline From All Time High        1.26%

Home Price appreciation rates for Lake Charles, LA are shown above for five
time periods. For example: Lake Charles appreciated 2.46% in the Last
Quarter. At that rate, the Lake Charles Real Estate Market was ranked 26th out
of 381 metropolitan areas for Real Estate Appreciation. Lake Charles was in the
93rd percentile. So Lake Charles, LA performed better in the Last Quarter than
93% of the 381 metropolitan areas covered in Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: Lake Charles, Louisiana

The all time high in the Lake Charles Home Price Index was 182.3 in the 2nd
Quarter, of 2009. The 4th Quarter, 2011 index value was 180.0. That's a
decline of 2.29 points or 1.26% below the Lake Charles Home Price Index all
time high.  The Home Price Index indicates that the Lake Charles Market is up
41% over the last 10 years. Home prices in the Lake Charles Real Estate
Market have gained 0.91% over the last 12 months.

The 4th Quarter index value was 4.33 points higher than the 3rd Quarter, 2011
index value of 175.71, resulting in a 2.46% rise in the 4th Quarter for the Lake
Charles Market.

The Lake Charles Home Price Index increased in the last quarter after falling in
the previous 2 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 3 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 Lake Charles Real Estate
Market was 14% in the twelve months ended with the 2nd Quarter of 2006. The
worst annual home appreciation rate in the Lake Charles Market was -8% in the
twelve months ended with the 4th Quarter of 1990.

The highest home appreciation in the Lake Charles Real Estate Market over a
three year period was 28% in the three years ended with the 3rd Quarter of
2007. The worst home appreciation over a three year period in the Lake
Charles Market was -3% in the three years ended with the 4th Quarter of 1992.

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

Historical data on the Lake Charles Home Price Index is available back to the
2nd Quarter, of 1988. All calculations are based on the quarterly value of the
House Price Index for the Lake Charles 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 Lake Charles 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: Lake Charles, Louisiana

The appreciation of Lake Charles 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, Lake Charles Home Prices had a rank of 26,
with appreciation of 2.46%. 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, Lake Charles Home Prices had a rank of 23, with
appreciation during the year of 0.91%. 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, Lake Charles Home
Prices ranked 36, with a total appreciation of 6.1%. 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, Lake Charles Home
Prices had a rank of 67, with appreciation during the decade of 41%. 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, Lake Charles Home
Prices had a rank of 86, with total appreciation over the 20 year period of
106%. 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 Lake Charles Real
Estate Market is available back to the 2nd Quarter, of 1988. All calculations are
based on the quarterly value of the House Price Index for Lake Charles. 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