Case Shiller Portland January 2001 Continues Down.

National PR is HERE: 

The 10-City Composite was down 2.0% and the 20-City Composite fell 3.1% from their January 2010 levels. San Diego and Washington D.C. were the only two markets to record positive year-over-year changes. However, San Diego was up a scant 0.1%, while Washington DC posted a healthier +3.6% annual growth rate. The same 11 cities that had posted recent index level lows in December 2010, posted new lows in January

Portland Index Down 7.8% Over Last 12 Months, Back to January 2005 Level.

Table below has monthly and yearly comparisons; January 2011 index of 135.8 is nearly identical to where it was in January 2005 (135.46):

 

Portland CS Vs. DJIA; DJIA Way Outperformed CS in Last Year, but Way Underpeformed in Last 10 Years. 

I think take away is that "timing means everything".  Graphic below shows a 1 YR vs 10 Year comparison between CS index and DJIA change (DJIA data is as of end of trading month):

Originally created and posted on the Oregon Housing Blog.