Manchester, NH - House Price Index (HPI)
Manchester Real Estate Market - Home Price Forecast
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The House Price Index (HPI) shows changes in Manchester-Nashua, NH single family home prices
in
logarithmic scale. The March, 1995 index value equals 100. Real estate forecasts, analysis,
statistics and appreciation rates are provided below.
10
Manchester Real Estate Market: Trend Outlook, Analysis & Statistics
Commentary  2702.56
3rd Quarter, 2018 Housing Statistics: Manchester, New Hampshire


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      86%

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 Manchester housing market for the 12
months ending with the 3rd Quarter of 2019 is UP. The Accuracy of the Trend
Projection for Manchester is 86%. In other words, when tested against historical
data, the forecasting methodology was correct 86% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Manchester is 86% during this period. If this Housing Market Forecast is
correct, home prices will be higher in the 3rd Quarter of 2019 than they were in
the 3rd Quarter of 2018. Check this page each quarter for updates to the
Manchester Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      76%

The forecast for the trend in the Manchester housing market for the 3 years
ending with the 3rd Quarter of 2021 is UP. The Accuracy of the Trend
Prediction for Manchester is 76%. In other words, when tested against historical
data, the forecasting methodology was correct 76% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Manchester is 76% during this period. If this Housing Market Forecast is
correct, home values will be higher in the 3rd Quarter of 2021 than they were in
the 3rd Quarter of 2018. Check this page each quarter for updates to the
Manchester Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2018 Housing Data: Manchester, New Hampshire


Historical Home Price Appreciation
Last Quarter                         1.98%
Last Year                              7.1%
Last 5 Years                         29%
Last 10 Years                       15%
Last 20 Years                       118%



Annual Home Price Appreciation Rates
1988      2.72%
1989      -0.16%
1990      -12.98%
1991      -4.53%
1992      -2.35%
1993      -0.16%
1994      -3.34%
1995      5.16%
1996      1.70%
1997      5.70%
1998      6.64%
1999      9.95%
2000      14.81%
2001      11.65%
2002      12.82%
2003      9.51%
2004      10.80%
2005      8.02%
2006      -0.15%
2007      -3.45%
2008      -6.49%
2009      -6.29%
2010      -1.52%
2011      -2.94%
2012      -1.80%
2013      1.59%
2014      3.39%
2015      4.59%
2016      4.53%
2017      7.15%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              1.98%         Rank: 143 of 381 (62nd Percentile)
Last Year  . . . . . . . . . . . . . . . .  7.1%           Rank: 143 of 381 (62nd Percentile)
Last 5 Years                              29%            Rank: 147 of 381 (61st Percentile)
Last 10 Years  . . . . . . . . . . . .   15%            Rank: 212 of 381 (44th Percentile)
Last 20 Years                            118%          Rank: 96 of 379 (74th Percentile)


The change in home prices for Manchester-Nashua, NH are shown above for
five time periods. For example: Manchester appreciated 1.98% in the Last
Quarter. At that rate, the Manchester Real Estate Market was ranked 143rd out
of 381 metropolitan Real Estate Markets. Manchester was in the 62nd
percentile. So Manchester, NH performed better in the Last Quarter than 62%
of the 381 metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2018 Housing Statistics: Manchester, New Hampshire

The data and analysis on this page pertains to Manchester-Nashua, NH,
hereinafter referred to as "Manchester". The all time high in the Manchester
Home Price Index was 258.2 in the 3rd Quarter, of 2018.  The Home Price Index
indicates that the Manchester Market is up 15% over the last 10 years. Home
prices in the Manchester Real Estate Market have gained 7.06% over the last
12 months. Over the last thirty years, it is up 102%.

The 3rd Quarter index value was 5.01 points higher than the 2nd Quarter, 2018
index value of 253.18, resulting in a 1.98% rise in the 3rd Quarter for the
Manchester Market.

The Manchester Home Price Index has increased for the last 22 consecutive
quarters. The current record holders for consecutive increases in the Home
Price Index are Phoenix, AZ; Houston, TX and Boise City, ID, with increases in
the last 29 consecutive quarters. The current record holders for consecutive
declines in the Home Price Index are Winchester, VA; Trenton, NJ; Peoria, IL;
Great Falls, MT and Fayetteville, NC, with declines in the last 2 consecutive
quarters.

The highest annual change in the value of houses in the Manchester Real
Estate Market was 25% in the twelve months ended with the 1st Quarter of
1986. The worst annual change in home values  in the Manchester Market was
-13% in the twelve months ended with the 4th Quarter of 1990.

The highest growth in home values in the Manchester Real Estate Market over
a three year period was 73% in the three years ended with the 4th Quarter of
1986. The worst performance over a three year period in the Manchester
Market was -19% in the three years ended with the 4th Quarter of 1992.

This page provides a long term graph of the Manchester Home Price Index
(above). For information about New Hampshire 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 Manchester 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 Manchester 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 Manchester 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
3rd Quarter, 2018 Housing Data: Manchester, New Hampshire

The trend of Manchester 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 Manchester-Nashua, NH, hereinafter referred to as "Manchester".

Last Quarter:
During the 3rd Quarter of 2018, Manchester Home Prices had a rank of 143,
with appreciation of 1.98%. The top performing real estate market during the
3rd Quarter was Sumter, SC, with a rise of 13.55%. The worst market during
that period was Cumberland, MD, with appreciation of -5.75%.
The median for all cities during the 3rd Quarter was 1.57%. The average for all
markets during the quarter was 1.54%.

Last Year:
During the last 12 months, Manchester Home Prices had a rank of 143, with
appreciation during the year of 7.06%. The top performing market during the
last year was Las Vegas, NV, with an increase of 18.1%. The worst real estate
market during that period was Cumberland, MD, with appreciation of -5.6%.
The median for all markets during this period was 6.14%. The average was
6.07%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2018, Manchester Home Prices
ranked 147, with a total appreciation of 28.6%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 81%.
The worst market during that period was Jacksonville, NC, with appreciation of
-2%.
The median for all cities during this time period was 24%. The average over the
5 years was 28%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2018, Manchester Home
Prices had a rank of 212, with appreciation during the decade of 15%. The top
performing market during the period was Denver, CO, with a rise of 83%. The
worst real estate market during the 10 year time period was Vineland, NJ, with
appreciation of -19%.
The median for all markets during the last 10 years was 18%. The average for
the cities over that time frame was 20%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2018, Manchester Home
Prices had a rank of 96, with total growth over the 20 year period of 118%. The
top performing real estate market during the period was San Francisco, CA,
with an increase of 289%. The worst market during the last 20 years was
Saginaw, MI, with appreciation of 21%.
The median for all cities during the last 20 years was 83%. The average for the
markets over that time frame was 92%.

Historical research data on the Home Price Index for the Manchester Real
Estate Market is available back to the 4th Quarter, of 1982. All calculations are
based on the quarterly value of the House Price Index for Manchester. 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.)



Data Source for Commentary & Charts: Federal Housing Finance Agency
Updated Wednesday, January 2, 2019.
SignalTrend  Inc. 2008 - 2019; All rights reserved.




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