California's housing market has exhibited considerable volatility, with only two states demonstrating greater price swings in the past 50 years. The analysis tracked historical price indices and ranked states based on their housing market fluctuations. Hawaii and Vermont topped the volatility chart, while states like Kansas, Ohio, and Indiana showcased more stable pricing. In terms of specific trends, California recorded its highest price surge of 27% in 1977, and the analysis provided insights into both significant upward movements and notable declines throughout the decades.
When did prices make their most significant one-year surge since 1975? For California, it was a 27% gain in 1977 - the 12th-highest 'best year' among the states and topping the 21% national median.
The final grades showed Hawaii and Vermont had zanier price variability than California. Nevada was fourth in price gyrations, followed by Arizona.
If you prefer calm pricing, these calculations say Kansas is your spot. Ohio, Kentucky, Alabama, and Indiana are next for limited price movements.
It's true whether you're an owner or house hunter. By averaging state-by-state rankings for a half-dozen measures of annual price change over 49 years, you see where stability was most common - and where it was rare.
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