| Nominal Price Activity |
Denver |
National |
Comment |
| . |
Quarterly Appreciation (Q3:2006 – Q4:2006) |
-3.0% |
-2.7% |
Poor |
| |
Rolling
Year Appreciation (Q4:2005 – Q4:2006) |
-2.0% |
1.7% |
Poor |
| |
Last
Year Appreciation (2005) |
4.7% |
13.4% |
Fair |
| |
Rolling
5 Year App. (Q4:2001 – Q4:2006) |
13.2% |
49.4% |
Weak |
| |
Historical
Average Annual Appreciation |
6.1% |
6.0% |
Fair |
| Real Price Activity |
Denver |
National |
Comment |
| . |
Quarterly Appreciation (Q3:2006 – Q4:2006) |
-3.3% |
-3.0% |
Poor |
| |
Rolling
Year Appreciation (Q4:2005 – Q4:2006) |
-4.9% |
-1.2% |
Poor |
| |
Last
Year Appreciation (2005) |
1.8% |
10.3% |
Fair |
| |
Rolling
5 Year App. (Q4:2001 – Q4:2006) |
-0.3% |
31.8% |
Weak |
| |
Historical
Average Annual Appreciation |
2.0% |
1.7% |
Fair |
| Affordability
Activity |
Denver |
National |
Comment |
| |
Mortgage-Debt-to-Income
Ratio* (Q4:2006) |
20.3% |
21.7% |
Average |
| |
Historical
Mortgage-Debt-to-Income Ratio* |
20.5% |
20.7% |
Average |
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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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| |
Denver historical data is for the time period of Q3:1976 – Q4:2006 |
| |
National historical data is for the time period of Q1:1975 – Q4:2006 |