Tuesday, April 26, 2011

Case-Shiller Portland Home Price Index Value Down to October 2004 Level.

National Case-Shiller release is HERE
Washington D.C. was the only market to post a year-over-year gain with an annual growth rate of +2.7%. Ten of the 11 cities that made new lows in January 2011 saw new lows again in February 2011. Detroit avoided another new low, managing a +1.0% increase in February over January, the only city with a positive monthly change. With an index level of 139.27, the 20-City Composite is virtually back to its April 2009 trough value (139.26); the 10-City Composite is 1.5% above its low.
Pasted below is table showing Portland Metro data for the last 13 months; the October 2004 index value for Portland was 133.67:

Originally created and posted on the Oregon Housing Blog.

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