Housing stats return to their usual dryness in Oklahoma region
Housing statistics for appreciation of homes in Oklahoma's region may have smaller numbers, but compared to negative ones they are soothing in their normalness.
It's not as juicy as it was a few years ago, with wide swings here and there — mostly there — but here's the latest home price gossip fodder from the Federal Housing Finance Agency.
Impress your friends and kin in neighboring states!
The FHFA regulates Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks and tracks average house price changes in repeat sales or refinancings on the same single-family residences. These price changes are from the all-transactions index, which includes purchases and refis, looking at more than 46 million repeat transactions.
The first number is the city's ranking in the second quarter among the 300-plus markets the agency tracks. Then there are percent changes over the past year, since the first quarter and over the past five years. Look how close Oklahoma and Tulsa are for appreciation the past five years.
• Oklahoma City, No. 38 — up 1.87 percent the past year; up 0.20 percent since the first quarter; and up 2.88 percent the past five years.
• Tulsa, No. 77 — up 0.83 percent the past year; down 0.14 percent since the first quarter; and up 2.87 percent the past five years.
Now for the rest of the regional story.
• Amarillo, Texas, No. 25 — up 2.44 percent the past year; down 0.16 percent since the first quarter; and up 4.47 percent the past five years.