HOUSING PRICES - MIDDLE ATLANTIC
(Click on an image to open larger view)
WASHINGTON, D.C. MSA
HPI Price Walk:
2000 to Peak: Home prices rose 151%, or 14.6% annualized.
Peak to Trough: Decline of 34%, or (14.5)% annualized.
Trough to COVID: Home prices surging again; up 3.3% annualized.
COVID to Fed Tightening: Home prices surge 12.2% annualized.
Fed Tightening: Home prices rise 1.0% annualized.
Fed Pause to Current: Home prices rose 4.5% annualized.
CHARLOTTE MSA
HPI Price Walk:
2000 to Peak: Home prices rose only 36%, or 4.1% annualized.
Peak to Trough: Decline of 20%, or (5.1)% annualized.
Trough to COVID: Home prices surging again; up 5.5% annualized.
COVID to Fed Tightening: Home prices surge 19.1% annualized.
Fed Tightening: Home prices rise 3.2% annualized.
Fed Pause to Current: Home prices rose 5.2% annualized.
ATLANTA MSA
HPI Price Walk:
2000 to Peak: Home prices rose only 36%, or 4.2% annualized.
Peak to Trough: Decline of 40%, or (10.7)% annualized.
Trough to COVID: Home prices surging again; up 8.1% annualized.
COVID to Fed Tightening: Home prices surge 17.7% annualized.
Fed Tightening: Home prices rise 3.1% annualized.
Fed Pause to Current: Home prices rose 3.9% annualized.