| Nominal Price Activity |
Baltimore |
National |
Comment |
| . |
Quarterly Appreciation (Q3:2006 – Q4:2006) |
-3.0% |
-2.7% |
Poor |
| |
Rolling
Year Appreciation (Q4:2005 – Q4:2006) |
4.8% |
1.7% |
Fair |
| |
Last
Year Appreciation (2005) |
21.4% |
13.4% |
Strong |
| |
Rolling
5 Year App. (Q4:2001 – Q4:2006) |
90.3% |
49.4% |
Strong |
| |
Historical
Average Annual Appreciation |
6.6% |
6.0% |
Good |
| Real Price Activity |
Baltimore |
National |
Comment |
| . |
Quarterly Appreciation (Q3:2006 – Q4:2006) |
-3.3% |
-3.0% |
Poor |
| |
Rolling
Year Appreciation (Q4:2005 – Q4:2006) |
1.8% |
-1.2% |
Fair |
| |
Last
Year Appreciation (2005) |
18.2% |
10.3% |
Strong |
| |
Rolling
5 Year App. (Q4:2001 – Q4:2006) |
68.1% |
31.8% |
Strong |
| |
Historical
Average Annual Appreciation |
2.4% |
1.7% |
Good |
| Affordability
Activity |
Baltimore |
National |
Comment |
| |
Mortgage-Debt-to-Income
Ratio* (Q4:2006) |
28.6% |
21.7% |
Unfavorable |
| |
Historical
Mortgage-Debt-to-Income Ratio* |
23.7% |
20.7% |
Slightly High |
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| * |
This ratio compares the monthly mortgage payment (principal & interest only, which does not include hazard insurance, property taxes or any needed private mortgage insurance) for a median priced home financed at the prevailing 30 year mortgage rate to the local median 4-person family income. |
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| |
Baltimore historical data is for the time period of Q2:1976 – Q4:2006 |
| |
National historical data is for the time period of Q1:1975 – Q4:2006 |
