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SUMMARY HISTORY PEAKS & TROUGHS FORECASTS

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The past five years have seen poor nominal price growth and near stagnate real prices. The prolonged slump in the manufacturing industry has lead to job losses and negative economic trends. The Columbus mortgage-debt-to-income ratio has barely budged, while the national ratio has risen significantly. Future prices will be dependent upon local economics and will likely remain stagnate in the near future.

SEE PRIOR COLUMBUS PEAKS & TROUGHS Next >

Year	Nominal Price History	Nominal Price Growth	Real Price History	Real Price Growth	Columbus Mortgage-Debt-to-Income Ratio	National Mortgage-Debt-to-Income Ratio
2001	$127,400	5.0%	$144,300	2.1%	13.9%	17.5%
2002	$132,100	3.7%	$147,300	2.1%	13.7%	17.7%
2003	$137,500	4.1%	$150,000	1.8%	13.7%	18.4%
2004	$143,500	4.3%	$152,400	1.6%	13.6%	19.6%
2005	$149,200	3.9%	$153,300	0.5%	14.1%	22.1%
2006	$151,400	1.5%	$151,400	-1.2%	14.8%	23.7%

COLUMBUS, OHIO - Q3:2006