The Case Shiller Index for Portland remained flat in March 2010. The Index for Portland is 143.61, down .08 from February. Seasonally adjusted, the Index was up .16. The Index is at the same level as April/May 2005. Since March of 2009, the Portland Index has dropped from 147.68 to 143.61. The National 20 Composite… Continue reading March 2010 Case Shiller for Portland Real Estate
The February Case Shiller Index was just released this week. This report covers home price changes over 20 metropolitan areas and always has a 60 day lag. The latest data shows continued solid growth with a 0.68% monthly change for the Portland Metro. This is higher than the 0.50% increase for the 20 city composite.… Continue reading February Case Shiller: Solid Growth
Case Shiller for April 2010 came out this morning and Portland saw a bump up from March. The current report puts Portland real estate prices at 146.25. That’s up 46.25 points from when the index was reset to 100 in January of 2000 but down 40.26 from the July 2007 peak. It also stops a… Continue reading Case Shiller April 2010 for Portland Real Estate
The Portland real estate market ranks sixth of the 20 cities tracked by Case Case Shiller report that came out this morning for May. It may be surprising to many but the 147.98 (up from 146.25 in April) lags behind only five cities since 2000 when the Index was set to 100 across all 20… Continue reading Portland Case Shiller May 2010
In what seems like a sea of bad real estate and economic news, the Case Shiller Index reports for the third consecutive month slight increases in the Portland real estate market, mirroring the national indexes. The report, which lags 60 days and uses the seven county Portland MSA to define “Portland,” shows that housing prices… Continue reading Portland Case Shiller June 2010 Shows Increase
Yesterday I took some data from RMLS Market Action to see if it gave any indicator of what today’s Case Shiller report would look like and also reposted two articles written in advance of today’s report. Nothing stood out from the graphs but one comment reminds us about the difference in methodology. This links to… Continue reading Portland Housing Data Case Shiller Index September 2009
Portland’s Case Shiller Index for September 2010 took a 1.9% hit from August and is now at 144.30, May 2005 levels. The index is down 3.6% since September 2009. On a national basis the Composite 10 Index was down .5% for the month but up 1.6% in the last 12 months. The Composite 20 Index… Continue reading Case Shiller September 2010- Reason for Fear and Optimism
I titled last month’s Case Shiller report, “Reasons Fear and Optimism.” The Portland real estate market didn’t fare well in October according to the report released this morning: 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… Continue reading Case Shiller October 2010. Ouch.
Tuesday’s Case Shiller reporting November 2010 was of no surprise: down from the previous month. The Index for Portland is 139.92 which puts the Portland real estate market back where it was in March 2005. The 139.92 is actually an average of the three price tiers in Portland. For November: Low (under $207,443): 144.00 Middle… Continue reading Case Shiller November 2010
The Case Shiller index lags real time by sixty days so we won’t be able to see if their results match RMLS for Portland real estate January. The Case Shiller Index dropped from 139.92 to 138.23. That’s a pretty small drop compared to the 10% loss reported by RMLS in their last report for average… Continue reading Case Shiller December 2010 for Portland Real Estate