- YEAR TO YEAR (Jan 07-Jan 08): The Portland metro index decreased from 179.79 to 178.81, a .5% decrease. This is the first time in 20 years that the Portland year to year price index has decreased.
- MONTH to MONTH(Dec 07-Jan 08): The Portland metro index dropped from 182.47 to 178.81, a 2% decrease. This is the LARGEST monthly decline in the Portland index in the last 20 years, and double the next closest decline of 1% in Dec. 1990.(Excel file with Case -Shiller data for all metro areas is HERE).
- DECLINE FROM JULY 07 PEAK:This marks the sixth month in a row the Portland metro index has declined--the peak index month was July 07 at 186.51; the decline since then has been 4.1%.
Tuesday, March 25, 2008
Portland Home Prices Monthly Slide Greatest in 20 Years.
The S&P/Case-Shiller January 2008 metro home price data was released this morning. My calculations for the Portland Metro area:
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