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[October data] ..show a deceleration in the annual growth rates in 18 of the 20 MSAs and the 10- and 20-City Composites in October compared to what was reported for September 2010. The 10-City Composite was up only 0.2% and the 20-City Composite fell 0.8% from their levels in October 2009. Home prices decreased in all 20 MSAs and both Composites in October from their September levels. In October, only the 10-City Composite and four MSAs – Los Angeles, San Diego, San Francisco and Washington DC – showed year-over-year gains. While the composite housing prices are still above their spring 2009 lows, six markets – Atlanta, Charlotte, Miami, Portland (OR), Seattle and Tampa – hit their lowest levels since home prices started to fall in 2006 and 2007, meaning that average home prices in those markets have fallen beyond the recent lows seen in most other markets in the spring of 2009.
Portland: Annual and Monthly Changes Continue Negative; Index Plummets to New 2010 Low, Reaching Spring 2005 Levels.
Annual: The Portland index value of 142.16 for October is a 5.2% decrease from October 2009 , and follows a 3.6% annual decrease from the September 2009 index value, a 2.3 % decrease from the August 2009 index value, and a 1.2% annual decline from July.
Monthly: The Portland October index shows a 1.48% decrease from September, a 1.85% decrease from August, and an August index that was a .88% decrease from July.
Historical: As of October 2010 the Portland home price index had declined 23.5 % from the July 2007 peak; and is now 1% BELOW the previous 2010 low in March; and is down 3.5% since January. The last time the Portland CS index was near 142.16 was in April and May of 2005 when the values were 141.14 in April and 144.36 in May.
Table below shows Portland changes by month for last year:
| Month | Index | Change From July 2007 Peak | Change Prior Month | Change Prior Year | Change March 2010 Low |
| October 2010 | 142.16 | -23.5% | -1.48% | -5.2% | -1.0% |
| September 2010 | 144.30 | -22.3% | -1.85% | -3.6% | 0.5% |
| August 2010 | 147.02 | -20.9% | -0.88% | -2.3% | 2.4% |
| July 2010 | 148.33 | -20.1% | -0.27% | -1.2% | 3.3% |
| June 2010 | 148.73 | -20.3% | 0.51% | 0.2% | 3.6% |
| May 2010 | 147.98 | -20.7% | 1.18% | 0.69% | 3.0% |
| April 2010 | 146.25 | -21.6% | 1.84% | -0.4% | 1.8% |
| March 2010 | 143.61 | -23.0% | -0.06% | -2.8% | 0.0% |
| February 2010 | 143.69 | -23.0% | -2.44% | -4.8% | 0.1% |
| January 2010 | 147.29 | -21.0% | -1.77% | -4.2% | 2.6% |
| December 2009 | 149.95 | -19.6% | -0.29% | -5.4% | 4.4% |
| November 2009 | 150.38 | -19.4% | 0.33% | -7.5% | 4.7% |
| October 2009 | 149.88 | -19.6% | 0.11% | -9.9% | 4.4% |
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