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South Bend, IN - House Price Index (HPI) - 25 Year Chart
South Bend Real Estate Market
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The House Price Index (HPI) shows changes in South Bend-Mishawaka, IN-MI single family home
prices in logarithmic scale. The March, 1995 index value equals 100.  Updated Tuesday, March 27,
2012. Real estate forecasts, analysis, statistics and appreciation rates are provided below.
South Bend Real Estate Index: 25 Year Chart
Home Values Appreciation Rate - US Cities
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South Bend Real Estate Market: Trend, Analysis & Statistics
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Commentary  10384
4th Quarter, 2011 Housing Statistics: South Bend, Indiana


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 South Bend housing market for the 12
months ending with the 4th Quarter of 2012 is DOWN. The Accuracy of the
Trend Forecast for South Bend 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 South Bend 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 South
Bend Real Estate Market Forecast.


3 Year Forecast:          DOWN
Forecast Accuracy:      92%

The forecast for the trend in the South Bend housing market for the 3 years
ending with the 4th Quarter of 2014 is DOWN. The Accuracy of the Trend
Forecast for South Bend is 92%. In other words, when tested against historical
data, the forecasting methodology was correct 92% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for falling house prices in
South Bend is 92% 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 South
Bend Real Estate Market Forecast.




Part 2: MARKET SUMMARY
4th Quarter, 2011 Housing Data: South Bend, Indiana


Historical Home Price Appreciation
Last Quarter                         0.86%
Last Year                              -2.5%
Last 5 Years                         -4%
Last 10 Years                       12%
Last 20 Years                       71%
Decline From All Time High   6.97%


Annual Home Price Appreciation Rates
1982        n/a
1983        n/a
1984      4.29%
1985      1.81%
1986      7.62%
1987      7.43%
1988      4.41%
1989      4.27%
1990      1.39%
1991      2.31%
1992      3.23%
1993      3.94%
1994      3.03%
1995      5.11%
1996      7.50%
1997      3.31%
1998      5.01%
1999      2.83%
2000      4.10%
2001      5.12%
2002      2.49%
2003      3.99%
2004      3.61%
2005      4.93%
2006      1.20%
2007      1.90%
2008      -1.57%
2009      -1.94%
2010      -0.22%
2011      -2.48%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.86%         Rank: 105 of 381 (72nd Percentile)
Last Year  . . . . . . . . . . . . . . . .  -2.5%          Rank: 188 of 381 (50th Percentile)
Last 5 Years                              -4%             Rank: 166 of 381 (56th Percentile)
Last 10 Years  . . . . . . . . . . . .   12%            Rank: 296 of 381 (22nd Percentile)
Last 20 Years                            71%            Rank: 251 of 355 (29th Percentile)
Decline From All Time High        6.97%

Home Price appreciation rates for South Bend-Mishawaka, IN-MI are shown
above for five time periods. For example: South Bend appreciated 0.86% in the
Last Quarter. At that rate, the South Bend Real Estate Market was ranked
105th out of 381 metropolitan areas for Real Estate Appreciation. South Bend
was in the 72nd percentile. So South Bend, IN performed better in the Last
Quarter than 72% of the 381 metropolitan areas covered in
Forecast-Chart.com.

























Part 3: MARKET HIGHLIGHTS
4th Quarter, 2011 Housing Statistics: South Bend, Indiana

The data and analysis on this page pertains to South Bend-Mishawaka, IN-MI,
hereinafter referred to as "South Bend". The all time high in the South Bend
Home Price Index was 161.0 in the 2nd Quarter, of 2008. The 4th Quarter,
2011 index value was 149.8. That's a decline of 11.22 points or 6.97% below
the South Bend Home Price Index all time high.  The Home Price Index indicates
that the South Bend Market is up 12% over the last 10 years. Home Prices in
the South Bend Real Estate Market have lost 2.48% over the last 12 months.

The 4th Quarter index value was 1.28 points higher than the 3rd Quarter, 2011
index value of 148.54, resulting in a 0.86% rise in the 4th Quarter for the South
Bend Market.

The South Bend 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 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 South Bend Real Estate
Market was 11% in the twelve months ended with the 2nd Quarter of 1985. The
worst annual home appreciation rate in the South Bend Market was -5% in the
twelve months ended with the 2nd Quarter of 2010.

The highest home appreciation in the South Bend Real Estate Market over a
three year period was 23% in the three years ended with the 2nd Quarter of
1987. The worst home appreciation over a three year period in the South Bend
Market was -9% in the three years ended with the 2nd Quarter of 2011.

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

Historical data on the South Bend Home Price Index is available back to the 2nd
Quarter, of 1983. All calculations are based on the quarterly value of the House
Price Index for the South Bend 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 South Bend 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: South Bend, Indiana

The appreciation of South Bend 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 South Bend-Mishawaka, IN-MI, hereinafter referred to as "South Bend".

Last Quarter:
During the 4th Quarter of 2011, South Bend Home Prices had a rank of 105,
with appreciation of 0.86%. 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, South Bend Home Prices had a rank of 188, with
appreciation during the year of -2.48%. 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, South Bend Home Prices
ranked 166, with a total appreciation of -4.3%. 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, South Bend Home Prices
had a rank of 296, with appreciation during the decade of 12%. 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, South Bend Home Prices
had a rank of 251, with total appreciation over the 20 year period of 71%. 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 South Bend Real
Estate Market is available back to the 2nd Quarter, of 1983. All calculations are
based on the quarterly value of the House Price Index for South Bend. 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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