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Ann Arbor Population: 322,895
MI

Market forecast (June 2006-2007)	2.4%
5-year historical change (2001–2005):	24.5%
5-year historical change, average annual:	4.5%
Change last year:	2.7%
FORECAST FROM FISERV CSW AND MOODY'S ECONOMY.COM

Median home value:	$221,000
Median family income:	$81,150
Median home value to median family income:	2.7

Worst historical decline:	-16.5%
Last peak at beginning of decline:	1981:Q3
Last trough of decline:	1982:Q4

More places in Michigan
Metro area	Market forecast (June 2006-June 2007)
Ann Arbor	2.4%
Battle Creek	3.6%
Bay City	1.7%
Detroit-Livonia-Dearborn	3.1%
Flint	1.9%
Grand Rapids-Wyoming	3.3%
Holland-Grand Haven	1.9%
Jackson	2.0%
Kalamazoo-Portage	3.0%
Lansing-East Lansing	2.8%
Monroe	2.1%
Muskegon-Norton Shores	3.2%
Niles-Benton Harbor	4.9%
Saginaw-Saginaw Township North	1.6%
Warren-Farmington Hills-Troy	3.4%

Sources:
Population: U.S. Census Bureau, 2000
Median Family Income: U.S. Department of Housing and Development, 2005
Median Home Prices: Fiserv Lending Solutions, National Association of Realtors, 2005
Historical change: Fiserv Lending Solutions, OFHEO, 2001 – 2005
Market forecasts: Fiserv Lending Solutions and Moody's Economy.com, June 2006 – June 2007