Housing Price Bubble Housing price trends in US are usually measured by an indicator known as the Case-Shiller index Index constructed from repeated sales.

Slides:

Advertisements

Similar presentations

RECENT ECONOMIC AND RESIDENTIAL MARKET TRENDS AND FORECAST PORTLAND METROPOLITAN AREA TICOR TITLE January 2010 Jerry Johnson Principal Johnson Reid, LLC.

Advertisements

The Five Most Expensive U.S. Housing Markets in 2014 Q1 Which metro areas are the most expensive places to buy a home in the U.S.?

-5% - 25%25% - 50%50% - 75%75% - 100%100% - 195% 2001 Q Q2 Five-Year Cumulative House Price Growth, Single Family.

Keith Phillips, Sr. Economist and Research Officer 2014 Mid-Year TX Economic Outlook: Strong Growth to Continue.

Witten Market Advisory Services Market insights for apartment owners, developers, investors and lenders Market-Smart Investment Decisions Advisors October.

Focusing on the Fundamentals Multifamily Real Estate.

Phoenix, Arizona Created by: Brent Saxon Appraisal Management Services, Inc. October 2008.

Recent Economic and Value Trends for the U.S. Lodging Industry Presented by: Stephen Rushmore, MAI, CHA President and Founder HVS International

Housing Price Bubble Housing price trends in US are usually measured by an indicator known as the Case-Shiller index Index constructed from repeated sales.

Rosen Consulting Group Real GDP Growth. Rosen Consulting Group U.S. Employment Growth.

Presented by: Steve Nivin, Ph.D. Please contact Steve Nivin with any questions or comments at or MID-YEAR.

House Prices: Boom or Bust? Richard A. Brown Chief Economist Federal Deposit Insurance Corporation October 25, Fall Construction Forecast Conference.

LOCAL MARKET TRENDS IMPACTING AFFORDABLE HOUSING Portland-Vancouver Metropolitan Area Jerry Johnson Principal Johnson Reid, LLC.

CAR Commercial Forum Meeting – September 2013 (Chicago Metro) Robert Carrillo September2013.

Real Estate Reality Check By David Wluka 2006 MAR President.

University of California Applications and Thought-Starters C L A S S R O O M IN-BETWEEN SPACES HOUSING & DINING LIBRARY OFFICES MEDICAL CENTERS CLICK TO.

Presented by © 2003 Economy.com Slide 1 Economic Outlook Mark Zandi Economy.com, Inc.

Presented by: Jim Diffley Phil Hopkins Jeannine Cataldi US Regional Services January 21, 2003 Regional Housing Outlook: Prices, Affordability, Construction.

POWER 2013 Through. ProjectedActual Home Sales in thousands NAR 6/2013.

Global Research and Consulting Econometric Advisors CBRE Econometric Advisors Client Conference 2012 October 2, 2012 Global Research and Consulting Econometric.

The Massachusetts Housing Challenge Barry Bluestone Center for Urban and Regional Policy Northeastern University Greater Boston Real Estate Board LINK.

1 January 25, Nebraska Profile 2011 NEBRASKA PROFILE Ninth Edition  State, 8 Regions, 93 Counties, plus 18 Cities – Three Volumes  Demographic.

1 January 27, Nebraska Profile 2010 NEBRASKA PROFILE Eighth Edition  State, 8 Regions, 93 Counties, plus 18 Cities – Three Volumes  Demographic.

Economics Update October 27, New housing starts rose.5% Building permits down Existing home sales up 4% National Associate of Realtors –Existing.

September ,000 Homes Sold In ,000 Homes Sold in SmartNumbers Predicts Normal Market Should Be 80,000 – 85,000 Sales. Expect To.

"Adding Style To Your Life" L.A. Splash Magazine and Splash Magazines Worldwide Online Advertising Rate Card 2006.

July ,000 Homes Sold In ,000 Homes Sold in SmartNumbers Predicts Normal Market Should Be 80,000 – 85,000 Sales. Expect To See 75,000.

Home Prices. Increasing Number of Sales The number of Sales in July increased by 16% (100 more SFR sales) over the same month.

1 ZILLOW | TRULIA | STREETEASY | HOTPADS 1 Aaron Terrazas, Senior Economist Zillow Economic Research Housing Market Outlook, Spring 2016.

2008 McGraw-Hill Construction Outlook Cliff Brewis Senior Director Editorial McGraw-Hill Construction.

Is The US Housing Market Doing Well? Group 1 Day2 Pauline Tsai, Chris Wang.

Housing Market Outlook The Housing Renaissance

Smart Destinations Product Overview

Hasson Company, Relocation

Big Cities Health Inventory Data Platform 2.0

The Massachusetts Housing Challenge Barry Bluestone

CALIFORNIA Region Regional Composite REGIONAL DATA REPORT JAN – DEC

US Multifamily Strategy & 2017 Update

Percentage of secondary schools that had an asthma action plan on file for all students with known asthma Newark Detroit Chicago Philadelphia San Francisco.

Meteorologist Activity

Beyonce Concert to Benefit victims of Hurricane Harvey

From: Misinformed Speculators and Mispricing in the Housing Market

U.S. REGIONS OPEN-NOTES TEST TOMORROW (BASED ON NOTES #s 1 and 2)

The State of the Housing Market Today Housing Renaissance San Diego, CA August 2012 Stan Humphries, PhD Chief Economist

The Lodging Conference 2017

2009 Census Profiles Latinos ©

Global Business & Alliances

Match the climograph with the correct location.

LAS VEGAS HOUSING UPDATE – DENNIS SMITH – HOME BUILDERS RESEARCH, INC

The Financial Crisis and the Great Recession

Hamilton Fout Director, Economic & Strategic Research Fannie Mae

U.S. REGIONS OPEN-NOTES TEST TOMORROW (BASED ON NOTES #s 1 and 2)

While Q Marked Significant Improvement in New Home Sales in Most SoCal Counties; New Home Sales Activity in Q2 Stall in Most Counties.

Unit 3 Lesson 5: Regional Cities

The Financial Crisis and the Great Recession

Meteorologist Activity

Vice President, Research Greater Houston Partnership

What major features make up the U. S. ’s Midwest and West Regions

Exhibit 1:Summary Table

Real-Time Airport Status Arrival/Departure Delays

Current State of the US Housing Market

SEND Network Overview.

Michael Reich, Ph.D. Pasadena City Council February 11, 2019

Pending Home Sales Index

Meteorologist Activity

Portland Economic Update Assn. of Financial Professionals

Albuquerque Geography Year 4, Unit 1 © 2019 Rising Stars UK Ltd.

Presentation transcript:

Housing Price Bubble Housing price trends in US are usually measured by an indicator known as the Case-Shiller index Index constructed from repeated sales of single family homes Data from a sample of 20 metropolitan areas goes back to year 2000 Data from a subsample of 10 metropolitan areas goes back to 1987

From 1987 to 2000 housing prices in the urban areas rose 2% per year From 2000 to 2006 prices were increasing at a rate of 13% a year Average housing prices doubled over the sample of urban areas from 2000 to 2006

From 2006 through 2009, housing prices fell roughly 11.5% per year Prices began to rise in 2012

Metropolitan Areas with largest housing decline over 2007-2008 Metro Area October 2008 Price Index Year-over-Year change Phoenix 135.18 -32.70% Las Vegas 142.57 -31.70% San Francisco 139.44 -31.00% Miami 173.42 -29.00% Los Angeles 179.82 -27.90% San Diego 159.12 -26.70% Detroit 86.1 -20.40%

Year-over-Year Change Metropolitan Areas 2008-2009 Metro Area October 2009 Price Index Year-over-Year Change Phoenix 110.71 -18.10% Las Vegas 104.70 -26.65% San Francisco 135.81 -2.60% Miami 149.09 -14.03% Los Angeles 168.43 -6.33% San Diego 155.37 -2.36% Detroit 73.07 -15.13%

Year-over-Year Change Metropolitan Areas 2009-2010 Metro Area October 2010 Price Index Year-over-Year Change Phoenix 105.97 -4.28% Las Vegas 100.97 -3.57% San Francisco 138.84 2.23% Miami 144.03 -3.39% Los Angeles 174.05 3.34% San Diego 159.99 2.97% Detroit 68.86 -5.52%

Year-over-Year Change Metropolitan Areas 2010-2011 Metro Area October 2011 Price Index Year-over-Year Change Phoenix 100.54 -5.12% Las Vegas 92.36 -8.53% San Francisco 132.34 -4.68% Miami 138.20 -4.22% Los Angeles 165.51 -5.16% San Diego 152.86 -4.66% Detroit 72.82 5.44%

Year-over-Year Change Metropolitan Areas 2011-2012 Metro Area October 2012 Price Index Year-over-Year Change Phoenix 122.39 21.73% Las Vegas 100.14 8.42% San Francisco 144.15 8.92% Miami 149.97 8.52% Los Angeles 175.85 6.25% San Diego 162.10 6.04% Detroit 80.82 11.02%

Year-over-Year Change Metropolitan Areas 2012-2013 Metro Area October 2013 Price Index Year-over-Year Change Phoenix 144.49 18.06% Las Vegas 127.23 27.05% San Francisco 179.55 24.56% Miami 173.63 15.77% Los Angeles 214.65 22.06% San Diego 194.07 19.72% Detroit 94.77 17.26%

Year-over-Year Change Metropolitan Areas 2013-2014 Metro Area October 2014 Price Index Year-over-Year Change Phoenix 147.56 2.12% Las Vegas 137.13 7.78% San Francisco 196.33 9.35% Miami 190.09 9.48% Los Angeles 225.11 4.87% San Diego 203.01 4.61% Detroit 98.24 3.66%

Year-over-Year Change Metropolitan Areas 2014-2015 Metro Area October 2015 Price Index Year-over-Year Change Phoenix 155.88 5.64% Las Vegas 144.87 San Francisco 217.73 10.90% Miami 205.07 7.88% Los Angeles 238.86 6.11% San Diego 215.62 6.21% Detroit 103.24 5.09%