FHFA graph of house price change since January of 1991

2013Q2HPI82213Final
This is a great graph illustrating the benefits of homeownership. The compounded rate of change since 1/91 has been 3.2%. National house prices approximate 2005 levels. In our market, house prices are roughly at 2006 levels.

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About TARR Report

S.M.A. Publications was formed in 1997 with a mission of providing real estate information for practitioners within the Research Triangle Park area of North Carolina. The company produces the T.A.R.R. Reports which are published monthly, quarterly and annually, covering all aspects of the residential real estate market. The publisher, Stacey P. Anfindsen, has over 23 years of residential experience in the Triangle market. He is an active real estate appraiser, educator and consultant.
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