Canton, OH - House Price Index (HPI)
Canton Real Estate Market Forecast
100
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The House Price Index (HPI) shows changes in Canton-Massillon, OH single family home prices in
logarithmic scale. The March, 1995 index value equals 100.  Updated Friday, June 28, 2013. Real
estate forecasts, analysis, statistics and appreciation rates are provided below.
10
Canton Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  14687
2nd Quarter, 2013 Housing Statistics: Canton, Ohio


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      85%

LittleBigHomes.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 Canton housing market for the 12
months ending with the 2nd Quarter of 2014 is UP. The Accuracy of the Trend
Projection for Canton is 85%. In other words, when tested against historical
data, the forecasting methodology was correct 85% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Canton is 85% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 2nd Quarter of 2014 than they were in the 2nd
Quarter of 2013. Check this page each quarter for updates to the Canton Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      84%

The forecast for the trend in the Canton housing market for the 3 years ending
with the 2nd Quarter of 2016 is UP. The Accuracy of the Trend Prediction for
Canton is 84%. In other words, when tested against historical data, the
forecasting methodology was correct 84% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Canton is 84% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 2nd Quarter of 2016 than they were in the 2nd
Quarter of 2013. Check this page each quarter for updates to the Canton Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
2nd Quarter, 2013 Housing Data: Canton, Ohio


Historical Home Price Appreciation
Last Quarter                                     2.36%
Last Year . . . . . . . . . . . . . . . . . . . .  2.5%
Last 5 Years                                     -9%
Last 10 Years . . . . . . . . . . . . . . . . . -7%
Last 20 Years                                   50%
Decline From All Time High               12.51%


Annual Home Price Appreciation Rates
1983      -4.06%
1984      1.35%
1985      4.81%
1986      3.63%
1987      3.59%
1988      3.51%
1989      6.41%
1990      5.72%
1991      4.54%
1992      7.10%
1993      4.56%
1994      4.82%
1995      7.07%
1996      5.48%
1997      6.12%
1998      5.74%
1999      2.31%
2000      3.25%
2001      6.11%
2002      2.47%
2003      3.70%
2004      2.04%
2005      2.54%
2006      -1.84%
2007      -0.76%
2008      -4.60%
2009      -1.76%
2010      -1.81%
2011      -2.07%
2012      -1.51%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              2.36%         Rank: 88 of 381 (77th Percentile)
Last Year  . . . . . . . . . . . . . . . .  2.5%           Rank: 161 of 381 (57th Percentile)
Last 5 Years                              -9%             Rank: 198 of 381 (48th Percentile)
Last 10 Years  . . . . . . . . . . . .   -7%            Rank: 352 of 381 (7th Percentile)
Last 20 Years                            50%            Rank: 318 of 372 (14th Percentile)
Decline From All Time High        12.51%

The change in home prices for Canton-Massillon, OH are shown above for five
time periods. For example: Canton appreciated 2.36% in the Last Quarter. At
that rate, the Canton Real Estate Market was ranked 88th out of 381
metropolitan Real Estate Markets. Canton was in the 77th percentile. So
Canton, OH performed better in the Last Quarter than 77% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
2nd Quarter, 2013 Housing Statistics: Canton, Ohio

The data and analysis on this page pertains to Canton-Massillon, OH,
hereinafter referred to as "Canton". The all time high in the Canton Home Price
Index was 156.1 in the 4th Quarter, of 2005. The 2nd Quarter, 2013 index value
was 136.6. That's a decline of 19.53 points or 12.51% below the Canton Home
Price Index all time high.  The Home Price Index indicates that the Canton
Market is down 7% over the last 10 years. Home prices in the Canton Real
Estate Market have gained 2.49% over the last 12 months. Over the last thirty
years, it is up 115%.

The 2nd Quarter index value was 3.15 points higher than the 1st Quarter, 2013
index value of 133.45, resulting in a 2.36% rise in the 2nd Quarter for the
Canton Market.

The Canton Home Price Index increased in the last quarter after falling in the
previous 2 quarters. The current record holder for consecutive increases in the
Home Price Index is Bismarck, ND, with increases in the last 13 consecutive
quarters. The current record holders for consecutive declines in the Home Price
Index are Wichita Falls, TX; Toledo, OH; Springfield, OH; Scranton, PA and
Rockford, IL, with declines in the last 5 consecutive quarters.

The highest annual change in the value of houses in the Canton Real Estate
Market was 15% in the twelve months ended with the 4th Quarter of 1979. The
worst annual change in home values  in the Canton Market was -6% in the
twelve months ended with the 1st Quarter of 1981.

The highest growth in home values in the Canton Real Estate Market over a
three year period was 30% in the three years ended with the 3rd Quarter of
1980. The worst performance over a three year period in the Canton Market
was -11% in the three years ended with the 1st Quarter of 2012.

This page provides a long term graph of the Canton Home Price Index (above).
For information about Ohio home values, click Real Estate Market Forecasts in
the navigation bar at the top of this page.  You'll see long term charts and
analysis that will provide tremendous insight into the historical trends of
residential property values. Bookmark this page! Then LittleBigHomes.com's
detailed research and statistics about Canton Home Prices will be at your
fingertips when you need them.

All calculations are based on the quarterly value of the House Price Index for
the Canton 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 Canton 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
2nd Quarter, 2013 Housing Data: Canton, Ohio

The trend of Canton 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 Canton-Massillon, OH, hereinafter referred to as "Canton".

Last Quarter:
During the 2nd Quarter of 2013, Canton Home Prices had a rank of 88, with
appreciation of 2.36%. The top performing real estate market during the 2nd
Quarter was Stockton, CA, with a rise of 7.33%. The worst market during that
period was Lawton, OK, with appreciation of -3.13%.
The median for all cities during the 2nd Quarter was 0.71%. The average for all
markets during the quarter was 1.07%.

Last Year:
During the last 12 months, Canton Home Prices had a rank of 161, with
appreciation during the year of 2.49%. The top performing market during the
last year was Stockton, CA, with an increase of 19.4%. The worst real estate
market during that period was Norwich, CT, with appreciation of -3.4%.
The median for all markets during this period was 1.95%. The average was
3.25%.

Last 5 Years:
Over the 5 years ended with the 2nd Quarter of 2013, Canton Home Prices
ranked 198, with a total appreciation of -8.6%. The top performing real estate
market during the 5 year period was Bismarck, ND, with a growth in value of
29%. The worst market during that period was Las Vegas, NV, with appreciation
of -39%.
The median for all cities during this time period was -8%. The average over the
5 years was -9%.

Last 10 Years:
During the 10 years ended in the 2nd Quarter of 2013, Canton Home Prices
had a rank of 352, with appreciation during the decade of -7%. The top
performing market during the period was Midland, TX, with a rise of 115%. The
worst real estate market during the 10 year time period was Detroit, MI, with
appreciation of -30%.
The median for all markets during the last 10 years was 17%. The average for
the cities over that time frame was 17%.

Last 20 Years:
During the 20 years ended in the 2nd Quarter of 2013, Canton Home Prices
had a rank of 318, with total growth over the 20 year period of 50%. The top
performing real estate market during the period was Casper, WY, with an
increase of 206%. The worst market during the last 20 years was Las Vegas,
NV, with appreciation of 19%.
The median for all cities during the last 20 years was 78%. The average for the
markets over that time frame was 80%.

Historical research data on the Home Price Index for the Canton Real Estate
Market is available back to the 3rd Quarter, of 1977. All calculations are based
on the quarterly value of the House Price Index for Canton. Real estate
appreciation figures represent total net increase or decrease over each time
period. (Unless specifically stated, the figures do not represent annual or
quarterly rates of change.)








Commentary  13925
1st Quarter, 2013 Housing Statistics: Canton, Ohio


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      85%

LittleBigHomes.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 Canton housing market for the 12
months ending with the 1st Quarter of 2014 is UP. The Accuracy of the Trend
Forecast for Canton is 85%. In other words, when tested against historical data,
the forecasting methodology was correct 85% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Canton is 85% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 1st Quarter of 2014 than they were in the 1st
Quarter of 2013. Check this page each quarter for updates to the Canton Real
Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      84%

The forecast for the trend in the Canton housing market for the 3 years ending
with the 1st Quarter of 2016 is UP. The Accuracy of the Trend Forecast for
Canton is 84%. In other words, when tested against historical data, the
forecasting methodology was correct 84% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Canton is 84% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 1st Quarter of 2016 than they were in the 1st
Quarter of 2013. Check this page each quarter for updates to the Canton Real
Estate Market Forecast.




Part 2: MARKET SUMMARY
1st Quarter, 2013 Housing Data: Canton, Ohio


Historical Home Price Appreciation
Last Quarter                                     -1.17%
Last Year . . . . . . . . . . . . . . . . . . . .  0.1%
Last 5 Years                                     -13%
Last 10 Years . . . . . . . . . . . . . . . . . -8%
Last 20 Years                                   49%
Decline From All Time High               14.48%


Annual Home Price Appreciation Rates
1983      -4.06%
1984      1.35%
1985      4.81%
1986      3.65%
1987      3.58%
1988      3.51%
1989      6.41%
1990      5.73%
1991      4.53%
1992      7.09%
1993      4.57%
1994      4.82%
1995      7.07%
1996      5.48%
1997      6.12%
1998      5.74%
1999      2.30%
2000      3.25%
2001      6.11%
2002      2.49%
2003      3.68%
2004      2.04%
2005      2.56%
2006      -1.81%
2007      -0.74%
2008      -4.57%
2009      -1.66%
2010      -1.87%
2011      -2.00%
2012      -1.63%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              -1.17%        Rank: 319 of 381 (16th Percentile)
Last Year  . . . . . . . . . . . . . . . .  0.1%           Rank: 256 of 381 (32nd Percentile)
Last 5 Years                              -13%           Rank: 221 of 381 (42nd Percentile)
Last 10 Years  . . . . . . . . . . . .   -8%            Rank: 352 of 381 (7th Percentile)
Last 20 Years                            49%            Rank: 315 of 369 (14th Percentile)
Decline From All Time High        14.48%

The change in home prices for Canton-Massillon, OH are shown above for five
time periods. For example: Canton appreciated -1.17% in the Last Quarter. At
that rate, the Canton Real Estate Market was ranked 319th out of 381
metropolitan Real Estate Markets. Canton was in the 16th percentile. So
Canton, OH performed better in the Last Quarter than 16% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
1st Quarter, 2013 Housing Statistics: Canton, Ohio

The data and analysis on this page pertains to Canton-Massillon, OH,
hereinafter referred to as "Canton". The all time high in the Canton Home Price
Index was 156.1 in the 4th Quarter, of 2005. The 1st Quarter, 2013 index value
was 133.5. That's a decline of 22.60 points or 14.48% below the Canton Home
Price Index all time high.  The Home Price Index indicates that the Canton
Market is down 8% over the last 10 years. Home prices in the Canton Real
Estate Market have gained 0.07% over the last 12 months. Over the last thirty
years, it is up 121%.

The 1st Quarter index value was 1.58 points lower than the 4th Quarter, 2012
index value of 135.11, resulting in a 1.17% decline for the 1st Quarter in the
Canton Market.

The Canton Home Price Index has declined for the last 2 consecutive quarters.
The current record holders for consecutive declines in the Home Price Index
are Wichita Falls, TX; Toledo, OH; Scranton, PA; Sandusky, OH and Rockford,
IL, with declines in the last 4 consecutive quarters. The current record holder
for consecutive increases in the Home Price Index is Bismarck, ND, with
increases in the last 12 consecutive quarters.

The highest annual change in the value of houses in the Canton Real Estate
Market was 15% in the twelve months ended with the 4th Quarter of 1979. The
worst annual change in home values  in the Canton Market was -6% in the
twelve months ended with the 1st Quarter of 1981.

The highest growth in home values in the Canton Real Estate Market over a
three year period was 30% in the three years ended with the 3rd Quarter of
1980. The worst performance over a three year period in the Canton Market
was -11% in the three years ended with the 1st Quarter of 2012.

This page provides a long term graph of the Canton Home Price Index (above).
For information about Ohio home values, click Real Estate Market Forecasts in
the navigation bar at the top of this page.  You'll see long term charts and
analysis that will provide tremendous insight into the historical trends of
residential property values. Bookmark this page! Then LittleBigHomes.com's
detailed research and statistics about Canton Home Prices will be at your
fingertips when you need them.

All calculations are based on the quarterly value of the House Price Index for
the Canton 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 Canton 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
1st Quarter, 2013 Housing Data: Canton, Ohio

The trend of Canton 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 Canton-Massillon, OH, hereinafter referred to as "Canton".

Last Quarter:
During the 1st Quarter of 2013, Canton Home Prices had a rank of 319, with
appreciation of -1.17%. The top performing real estate market during the 1st
Quarter was Napa, CA, with a rise of 4.80%. The worst market during that
period was Elmira, NY, with appreciation of -5.62%.
The median for all cities during the 1st Quarter was 0.04%. The average for all
markets during the quarter was 0.17%.

Last Year:
During the last 12 months, Canton Home Prices had a rank of 256, with
appreciation during the year of 0.07%. The top performing market during the
last year was Phoenix, AZ, with an increase of 15.3%. The worst real estate
market during that period was Pine Bluff, AR, with appreciation of -5.0%.
The median for all markets during this period was 1.00%. The average was
1.58%.

Last 5 Years:
Over the 5 years ended with the 1st Quarter of 2013, Canton Home Prices
ranked 221, with a total appreciation of -12.8%. The top performing real estate
market during the 5 year period was Midland, TX, with a growth in value of 22%.
The worst market during that period was Las Vegas, NV, with appreciation of
-49%.
The median for all cities during this time period was -10%. The average over
the 5 years was -12%.

Last 10 Years:
During the 10 years ended in the 1st Quarter of 2013, Canton Home Prices had
a rank of 352, with appreciation during the decade of -8%. The top performing
market during the period was Midland, TX, with a rise of 109%. The worst real
estate market during the 10 year time period was Detroit, MI, with appreciation
of -31%.
The median for all markets during the last 10 years was 17%. The average for
the cities over that time frame was 17%.

Last 20 Years:
During the 20 years ended in the 1st Quarter of 2013, Canton Home Prices had
a rank of 315, with total growth over the 20 year period of 49%. The top
performing real estate market during the period was Casper, WY, with an
increase of 213%. The worst market during the last 20 years was Las Vegas,
NV, with appreciation of 12%.
The median for all cities during the last 20 years was 77%. The average for the
markets over that time frame was 80%.

Historical research data on the Home Price Index for the Canton Real Estate
Market is available back to the 3rd Quarter, of 1977. All calculations are based
on the quarterly value of the House Price Index for Canton. Real estate
appreciation figures represent total net increase or decrease over each time
period. (Unless specifically stated, the figures do not represent annual or
quarterly rates of change.)









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