__________________________________________
Detroit, MI - Home Price Appreciation Rate - 32 Year Graph
Annual appreciation rates for Detroit-Livonia-Dearborn, MI single family home prices are shown in the
graph above. Source: House Price Index (HPI). Updated Monday, April 18, 2011. Click the link below
for the Michigan Real Estate Forecast.
Detroit Home Prices - Appreciation Rate
1/1980          1/1985           1/1990           1/1995          1/2000           1/2005          1/2010
25%
30%
35%
20%
15%
-10%
10%
5%
0%
-5%
-15%
-20%
Commentary  7488
1st Quarter, 2011 Data: Detroit, Michigan

Due to the time required to gather home sales price and appraisal data from
mortgage transactions for this and hundreds of other cities, Home Price data is
not available for a number of months after the end of each quarter.

The appreciation of Detroit 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 Detroit-Livonia-Dearborn, MI, hereinafter referred to as "Detroit".

Last Quarter:
During the 1st Quarter of 2011, Detroit Home Prices had a rank of 276, with
appreciation of -3.22%. The top performing real estate market during the 1st
Quarter was Mansfield, OH, with appreciation of 2.31%. The worst market
during that period was Boise City, ID, with appreciation of -8.86%.
The median appreciation for all cities during the 1st Quarter was -2.24%. The
average appreciation for all markets during the quarter was -2.29%.

Last Year:
During the last 12 months, Detroit Home Prices had a rank of 253, with
appreciation during the year of -3.51%. The top performing market during the
last year was Midland, TX, with appreciation of 4.5%. The worst real estate
market during that period was Boise City, ID, with appreciation of -15.2%.
The median appreciation for all markets during this period was -2.13%. The
average appreciation was -2.64%.

Last 5 Years:
Over the 5 years ended with the 1st Quarter of 2011, Detroit Home Prices
ranked 344, with a total appreciation of -36.4%. The top performing real estate
market during the 5 year period was Midland, TX, with appreciation of 42%. The
worst market during that period was Merced, CA, with appreciation of -62%.
The median appreciation for all cities during this time period was -2%. The
average appreciation over the 5 years was -7%.

Last 10 Years:
During the 10 years ended in the 1st Quarter of 2011, Detroit Home Prices had
the worst performance in the country, with appreciation during the decade of
-26%. The top performer during the period was Midland, TX, with appreciation
of 94%.
The median appreciation for all markets during the last 10 years was 30%. The
average appreciation for the cities over that time frame was 31%.

Last 20 Years:
During the 20 years ended in the 1st Quarter of 2011, Detroit Home Prices had
a rank of 337, with total appreciation over the 20 year period of 39%. The top
performing real estate market during the period was Casper, WY, with
appreciation of 244%. The worst market during the last 20 years was Merced,
CA, with appreciation of 14%.
The median appreciation for all cities during the last 20 years was 90%. The
average appreciation for the markets over that time frame was 94%.

Historical research data on the Home Price Index for the Detroit Real Estate
Market is available back to the 3rd Quarter, of 1976. The chart has been
updated through the 1st Quarter of 2011. All calculations are based on the
quarterly value of the House Price Index for Detroit. 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.)






Commentary  6726
4th Quarter, 2010 Data: Detroit, Michigan

Due to the time required to gather home sales price and appraisal data from
mortgage transactions for this and hundreds of other cities, Home Price data is
not available for a number of months after the end of each quarter.

The appreciation of Detroit 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 Detroit-Livonia-Dearborn, MI, hereinafter referred to as "Detroit".

Last Quarter:
During the 4th Quarter of 2010, Detroit Home Prices had a rank of 138, with
appreciation of -0.35%. The top performing real estate market during the 4th
Quarter was Cape Coral, FL, with appreciation of 4.62%. The worst market
during that period was Sebastian, FL, with appreciation of -6.82%.
The median appreciation for all cities during the 4th Quarter was -0.68%. The
average appreciation for all markets during the quarter was -0.69%.

Last Year:
During the last 12 months, Detroit Home Prices had a rank of 237, with
appreciation during the year of -1.93%. The top performing market during the
last year was Bay City, MI, with appreciation of 6.1%. The worst real estate
market during that period was Reno, NV, with appreciation of -10.3%.
The median appreciation for all markets during this period was -1.13%. The
average appreciation was -1.71%.

Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2010, Detroit Home Prices
ranked 349, with a total appreciation of -34.0%. The top performing real estate
market during the 5 year period was Midland, TX, with appreciation of 44%. The
worst market during that period was Merced, CA, with appreciation of -60%.
The median appreciation for all cities during this time period was 1%. The
average appreciation over the 5 years was -4%.

Last 10 Years:
During the 10 years ended in the 4th Quarter of 2010, Detroit Home Prices had
the worst performance in the country, with appreciation during the decade of
-22%. The top performer during the period was Honolulu, HI, with appreciation
of 100%.
The median appreciation for all markets during the last 10 years was 37%. The
average appreciation for the cities over that time frame was 38%.

Last 20 Years:
During the 20 years ended in the 4th Quarter of 2010, Detroit Home Prices had
a rank of 340, with total appreciation over the 20 year period of 46%. The top
performing real estate market during the period was Casper, WY, with
appreciation of 245%. The worst market during the last 20 years was Merced,
CA, with appreciation of 14%.
The median appreciation for all cities during the last 20 years was 97%. The
average appreciation for the markets over that time frame was 101%.

Historical research data on the Home Price Index for the Detroit Real Estate
Market is available back to the 3rd Quarter, of 1976. The chart has been
updated through the 4th Quarter of 2010. All calculations are based on the
quarterly value of the House Price Index for Detroit. 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.)






Commentary  5964
3rd Quarter, 2010 Data: Detroit, Michigan

Due to the time required to gather home sales price and appraisal data from
mortgage transactions for this and hundreds of other cities, Home Price data is
not available for a number of months after the end of each quarter.

The appreciation of Detroit 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 Detroit-Livonia-Dearborn, MI, hereinafter referred to as "Detroit".

Last Quarter:
During the 3rd Quarter of 2010, Detroit Home Prices had a rank of 83, with
appreciation of 1.58%. The top performing real estate market during the 3rd
Quarter was Laredo, TX, with appreciation of 13.94%. The worst market during
that period was Coeur d'Alene, ID, with appreciation of -4.45%.
The median appreciation for all cities during the 3rd Quarter was 0.66%. The
average appreciation for all markets during the quarter was 0.74%.

Last Year:
During the last 12 months, Detroit Home Prices had a rank of 294, with
appreciation during the year of -3.70%. The top performing market during the
last year was Laredo, TX, with appreciation of 9.5%. The worst real estate
market during that period was Deltona, FL, with appreciation of -15.7%.
The median appreciation for all markets during this period was -1.17%. The
average appreciation was -1.91%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2010, Detroit Home Prices
ranked 359, with a total appreciation of -34.3%. The top performing real estate
market during the 5 year period was Midland, TX, with appreciation of 50%. The
worst market during that period was Merced, CA, with appreciation of -58%.
The median appreciation for all cities during this time period was 4%. The
average appreciation over the 5 years was -1%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2010, Detroit Home Prices had
a rank of 381, with appreciation during the decade of -21%. The top performing
market during the period was Honolulu, HI, with appreciation of 103%. The worst
real estate market during the 10 year time period was Detroit, MI, with
appreciation of -21%.
The median appreciation for all markets during the last 10 years was 41%. The
average appreciation for the cities over that time frame was 41%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2010, Detroit Home Prices had
a rank of 334, with total appreciation over the 20 year period of 47%. The top
performing real estate market during the period was Missoula, MT, with
appreciation of 265%. The worst market during the last 20 years was Merced,
CA, with appreciation of 17%.
The median appreciation for all cities during the last 20 years was 97%. The
average appreciation for the markets over that time frame was 103%.

Historical research data on the Home Price Index for the Detroit Real Estate
Market is available back to the 3rd Quarter, of 1976. The chart has been
updated through the 3rd Quarter of 2010. All calculations are based on the
quarterly value of the House Price Index for Detroit. 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.)






Commentary  5202
2nd Quarter, 2010 Data: Detroit, Michigan

Due to the time required to gather home sales price and appraisal data from
mortgage transactions for this and hundreds of other cities, Home Price data is
not available for a number of months after the end of each quarter.

The appreciation of Detroit 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 Detroit-Livonia-Dearborn, MI, hereinafter referred to as "Detroit".

Last Quarter:
During the 2nd Quarter of 2010, Detroit Home Prices had a rank of 262, with
appreciation of -1.24%. The top performing real estate market during the 2nd
Quarter was Cumberland, MD, with appreciation of 8.36%. The worst market
during that period was Ocala, FL, with appreciation of -9.09%.
The median appreciation for all cities during the 2nd Quarter was -0.47%. The
average appreciation for all markets during the quarter was -0.61%.

Last Year:
During the last 12 months, Detroit Home Prices had a rank of 346, with
appreciation during the year of -9.83%. The top performing market during the
last year was Lawton, OK, with appreciation of 4.9%. The worst real estate
market during that period was Bend, OR, with appreciation of -18.6%.
The median appreciation for all markets during this period was -3.88%. The
average appreciation was -4.53%.

Last 5 Years:
Over the 5 years ended with the 2nd Quarter of 2010, Detroit Home Prices
ranked 368, with a total appreciation of -34.6%. The top performing real estate
market during the 5 year period was Midland, TX, with appreciation of 56%. The
worst market during that period was Merced, CA, with appreciation of -57%.
The median appreciation for all cities during this time period was 6%. The
average appreciation over the 5 years was 1%.

Last 10 Years:
During the 10 years ended in the 2nd Quarter of 2010, Detroit Home Prices had
a rank of 380, with appreciation during the decade of -20%. The top performing
market during the period was Ocean City, NJ, with appreciation of 108%. The
worst real estate market during the 10 year time period was Detroit, MI, with
appreciation of -20%.
The median appreciation for all markets during the last 10 years was 41%. The
average appreciation for the cities over that time frame was 42%.

Last 20 Years:
During the 20 years ended in the 2nd Quarter of 2010, Detroit Home Prices had
a rank of 334, with total appreciation over the 20 year period of 47%. The top
performing real estate market during the period was Casper, WY, with
appreciation of 256%. The worst market during the last 20 years was Merced,
CA, with appreciation of 18%.
The median appreciation for all cities during the last 20 years was 98%. The
average appreciation for the markets over that time frame was 103%.

Historical research data on the Home Price Index for the Detroit Real Estate
Market is available back to the 3rd Quarter, of 1976. The chart has been
updated through the 2nd Quarter of 2010. All calculations are based on the
quarterly value of the House Price Index for Detroit. 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.)






Commentary  4440
1st Quarter, 2010 Data: Detroit, Michigan

Due to the time required to gather home sales price and appraisal data from
mortgage transactions for this and hundreds of other cities, Home Price data is
not available for a number of months after the end of each quarter.

The appreciation of Detroit 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 Detroit-Livonia-Dearborn, MI, hereinafter referred to as "Detroit".

Last Quarter:
During the 1st Quarter of 2010, Detroit Home Prices had a rank of 265, with
appreciation of -1.96%. The top performing real estate market during the 1st
Quarter was Punta Gorda, FL, with appreciation of 2.90%. The worst market
during that period was Gainesville, GA, with appreciation of -7.15%.
The median appreciation for all cities during the 1st Quarter was -1.32%. The
average appreciation for all markets during the quarter was -1.49%.

Last Year:
During the last 12 months, Detroit Home Prices had a rank of 358, with
appreciation during the year of -13.49%. The top performing market during the
last year was Pine Bluff, AR, with appreciation of 2.5%. The worst real estate
market during that period was Bend, OR, with appreciation of -23.0%.
The median appreciation for all markets during this period was -5.11%. The
average appreciation was -5.97%.

Last 5 Years:
Over the 5 years ended with the 1st Quarter of 2010, Detroit Home Prices
ranked 372, with a total appreciation of -33.5%. The top performing real estate
market during the 5 year period was Midland, TX, with appreciation of 57%. The
worst market during that period was Merced, CA, with appreciation of -49%.
The median appreciation for all cities during this time period was 8%. The
average appreciation over the 5 years was 5%.

Last 10 Years:
During the 10 years ended in the 1st Quarter of 2010, Detroit Home Prices had
a rank of 380, with appreciation during the decade of -17%. The top performing
market during the period was Ocean City, NJ, with appreciation of 111%. The
worst real estate market during the 10 year time period was Detroit, MI, with
appreciation of -17%.
The median appreciation for all markets during the last 10 years was 44%. The
average appreciation for the cities over that time frame was 45%.

Last 20 Years:
During the 20 years ended in the 1st Quarter of 2010, Detroit Home Prices had
a rank of 334, with total appreciation over the 20 year period of 51%. The top
performing real estate market during the period was Missoula, MT, with
appreciation of 269%. The worst market during the last 20 years was Modesto,
CA, with appreciation of 28%.
The median appreciation for all cities during the last 20 years was 100%. The
average appreciation for the markets over that time frame was 107%.

Historical research data on the Home Price Index for the Detroit Real Estate
Market is available back to the 3rd Quarter, of 1976. The chart has been
updated through the 1st Quarter of 2010. All calculations are based on the
quarterly value of the House Price Index for Detroit. 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.)






Commentary  3678
4th Quarter, 2009 Data: Detroit, Michigan

Due to the time required to gather home sales price and appraisal data from
mortgage transactions for this and hundreds of other cities, Home Price data is
not available for a number of months after the end of each quarter.

The appreciation of Detroit 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 Detroit-Livonia-Dearborn, MI, hereinafter referred to as "Detroit".

Last Quarter:
During the 4th Quarter of 2009, Detroit Home Prices had a rank of 313, with
appreciation of -2.24%. The top performing real estate market during the 4th
Quarter was Laredo, TX, with appreciation of 7.71%. The worst market during
that period was Naples, FL, with appreciation of -8.03%.
The median appreciation for all cities during the 4th Quarter was -0.78%. The
average appreciation for all markets during the quarter was -0.92%.

Last Year:
During the last 12 months, Detroit Home Prices had a rank of 336, with
appreciation during the year of -9.13%. The top performing market during the
last year was Weirton, OH, with appreciation of 6.8%. The worst real estate
market during that period was Bend, OR, with appreciation of -20.6%.
The median appreciation for all markets during this period was -2.75%. The
average appreciation was -3.89%.

Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2009, Detroit Home Prices
ranked 374, with a total appreciation of -31.5%. The top performing real estate
market during the 5 year period was Odessa, TX, with appreciation of 65%. The
worst market during that period was Merced, CA, with appreciation of -46%.
The median appreciation for all cities during this time period was 11%. The
average appreciation over the 5 years was 8%.

Last 10 Years:
During the 10 years ended in the 4th Quarter of 2009, Detroit Home Prices had
a rank of 380, with appreciation during the decade of -14%. The top performing
market during the period was Ocean City, NJ, with appreciation of 123%. The
worst real estate market during the 10 year time period was Detroit, MI, with
appreciation of -14%.
The median appreciation for all markets during the last 10 years was 48%. The
average appreciation for the cities over that time frame was 50%.

Last 20 Years:
During the 20 years ended in the 4th Quarter of 2009, Detroit Home Prices had
a rank of 330, with total appreciation over the 20 year period of 58%. The top
performing real estate market during the period was Casper, WY, with
appreciation of 269%. The worst market during the last 20 years was Stockton,
CA, with appreciation of 35%.
The median appreciation for all cities during the last 20 years was 104%. The
average appreciation for the markets over that time frame was 112%.

Historical data on the Home Price Index for the Detroit Real Estate Market is
available back to the 3rd Quarter, of 1976. The chart has been updated
through the 4th Quarter of 2009. All calculations are based on the quarterly
value of the House Price Index for Detroit. 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.)






Commentary  2916
3rd Quarter, 2009 Data: Detroit, Michigan

The appreciation of Detroit 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 performers as well as the average and median performance for all cities
during each time period. The following data and analysis pertain to
Detroit-Livonia-Dearborn, MI, hereinafter referred to as "Detroit".

Last Quarter:
During the 3rd Quarter of 2009, Detroit Home Prices had a rank of 344, with
appreciation of -4.62%. The top performer during the 3rd Quarter was
Hinesville, GA, with appreciation of 7.17%. The worst performer during that
period was Las Vegas, NV, with appreciation of -8.45%.
The median appreciation for all cities during the 3rd Quarter was -1.60%. The
average appreciation for all cities during the quarter was -1.74%.

Last Year:
During the last 12 months, Detroit Home Prices had a rank of 329, with
appreciation during the year of -9.18%. The top performer during the last year
was Wichita Falls, TX, with appreciation of 6.0%. The worst performer during
that period was El Centro, CA, with appreciation of -24.5%.
The median appreciation for all cities during this period was -1.89%. The
average appreciation was -3.28%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2009, Detroit Home Prices
ranked 375, with a total appreciation of -29.0%. The top performer during the 5
year period was Midland, TX, with appreciation of 72%. The worst performer
during that period was Merced, CA, with appreciation of -46%.
The median appreciation for all cities during this time period was 13%. The
average appreciation over the 5 years was 12%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2009, Detroit Home Prices had
a rank of 380, with appreciation during the decade of -10%. The top performer
during the period was Ocean City, NJ, with appreciation of 135%. The worst
performer during the 10 year time period was Detroit, MI, with appreciation of
-10%.
The median appreciation for all cities during the last 10 years was 51%. The
average appreciation for the cities over that time frame was 52%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2009, Detroit Home Prices had
a rank of 322, with total appreciation over the 20 year period of 64%. The top
performer during the period was Missoula, MT, with appreciation of 290%. The
worst performer during the last 20 years was Merced, CA, with appreciation of
39%.
The median appreciation for all cities during the last 20 years was 108%. The
average appreciation for the cities over that time frame was 116%.

Historical data on the Detroit Home Price Index is available back to the 3rd
Quarter, of 1976. The chart has been updated through the 3rd Quarter of
2009. All calculations are based on the quarterly value of the House Price Index
for Detroit. 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.)






Commentary  1773
2nd Quarter, 2009 Data: Detroit, Michigan

The appreciation of Detroit 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 performers as well as the average and median performance for all cities
during each time period. The following data and analysis pertain to
Detroit-Livonia-Dearborn, MI, hereinafter referred to as "Detroit".

Last Quarter:
During the 2nd Quarter of 2009, Detroit Home Prices had a rank of 350, with
appreciation of -4.79%. The top performer during the 2nd Quarter was Pine
Bluff, AR, with appreciation of 3.15%. The worst performer during that period
was Madera, CA, with appreciation of -10.24%.
The median appreciation for all cities during the 2nd Quarter was -1.74%. The
average appreciation for all cities during the quarter was -2.05%.

Last Year:
During the last 12 months, Detroit Home Prices had a rank of 327, with
appreciation during the year of -10.42%. The top performer during the last year
was Elmira, NY, with appreciation of 4.5%. The worst performer during that
period was Merced, CA, with appreciation of -27.1%.
The median appreciation for all cities during this period was -1.83%. The
average appreciation was -3.91%.

Last 5 Years:
Over the 5 years ended with the 2nd Quarter of 2009, Detroit Home Prices
ranked 377, with a total appreciation of -24.6%. The top performer during the 5
year period was Odessa, TX, with appreciation of 74%. The worst performer
during that period was Merced, CA, with appreciation of -36%.
The median appreciation for all cities during this time period was 17%. The
average appreciation over the 5 years was 17%.

Last 10 Years:
During the 10 years ended in the 2nd Quarter of 2009, Detroit Home Prices had
a rank of 380, with appreciation during the decade of -2%. The top performer
during the period was Ocean City, NJ, with appreciation of 146%. The worst
performer during the 10 year time period was Detroit, MI, with appreciation of
-2%.
The median appreciation for all cities during the last 10 years was 54%. The
average appreciation for the cities over that time frame was 57%.

Last 20 Years:
During the 20 years ended in the 2nd Quarter of 2009, Detroit Home Prices had
a rank of 308, with total appreciation over the 20 year period of 77%. The top
performer during the period was Missoula, MT, with appreciation of 296%. The
worst performer during the last 20 years was Rochester, NY, with appreciation
of 47%.
The median appreciation for all cities during the last 20 years was 115%. The
average appreciation for the cities over that time frame was 126%.

Historical data on the Detroit Home Price Index is available back to the 2nd
Quarter, of 1976. The chart has been updated through the 2nd Quarter of
2009. All calculations are based on the quarterly value of the House Price Index
for Detroit. 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.)






Commentary  630
1st Quarter, 2009 Data: Detroit, Michigan

The appreciation of Detroit 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 performers as well as the average and median performance for all cities
during each time period. The following data and analysis pertain to
Detroit-Livonia-Dearborn, MI, hereinafter referred to as "Detroit".

Last Quarter:
During the 1st Quarter of 2009, Detroit Home Prices had a rank of 36, with
appreciation of 2.90%. The top performer during the 1st Quarter was Monroe,
MI, with appreciation of 10.96%. The worst performer during that period was
Port St. Lucie, FL, with appreciation of -6.30%.
The median appreciation for all cities during the 1st Quarter was 0.27%. The
average appreciation for all cities during the quarter was 0.41%.

Last Year:
During the last 12 months, Detroit Home Prices had a rank of 333, with
appreciation during the year of -11.47%. The top performer during the last year
was Elmira, NY, with appreciation of 9.3%. The worst performer during that
period was Merced, CA, with appreciation of -37.8%.
The median appreciation for all cities during this period was -1.04%. The
average appreciation was -3.47%.

Last 5 Years:
Over the 5 years ended with the 1st Quarter of 2009, Detroit Home Prices
ranked 379, with a total appreciation of -19.8%. The top performer during the 5
year period was Odessa, TX, with appreciation of 76%. The worst performer
during that period was Merced, CA, with appreciation of -29%.
The median appreciation for all cities during this time period was 22%. The
average appreciation over the 5 years was 23%.

Last 10 Years:
During the 10 years ended in the 1st Quarter of 2009, Detroit Home Prices had
a rank of 380, with appreciation during the decade of 6%. The top performer
during the period was Ocean City, NJ, with appreciation of 162%. The worst
performer during the 10 year time period was Detroit, MI, with appreciation of
6%.
The median appreciation for all cities during the last 10 years was 57%. The
average appreciation for the cities over that time frame was 62%.

Last 20 Years:
During the 20 years ended in the 1st Quarter of 2009, Detroit Home Prices had
a rank of 270, with total appreciation over the 20 year period of 93%. The top
performer during the period was Casper, WY, with appreciation of 327%. The
worst performer during the last 20 years was Rochester, NY, with appreciation
of 49%.
The median appreciation for all cities during the last 20 years was 123%. The
average appreciation for the cities over that time frame was 135%.

Historical data on the Detroit Home Price Index is available back to the 4th
Quarter, of 1976. The chart has been updated through the 1st Quarter of 2009.
All calculations are based on the quarterly value of the House Price Index for
Detroit. 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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