Case Shiller’s monthly real estate report was released this morning. Portland lost a little more ground in February (Case Shiller reports with a sixty day lag and “Portland” is the seven county MSA). The current Portland index of 133.66 is nearly identical to October 2004’s 133.6. Portland peaked in July 2007 at 186.51. At… Continue reading Case Shiller Portland February 2011
“How’s the market?” Our business coach wisely points out that, “It depends.” What are you trying to do in the market? The Case Shiller report for April 2011 was published last week. If you read didn’t read anything more than the headline in last week’s Portland Business Journal or didn’t make it all the way… Continue reading Case Shiller April 2011
The title of this post might be stretching it a little but in light of most of the recent death-of-real-estate-media coverage I’m taking a little liberty with it. The May 2011 Case Shiller Index for Portland is up 1.66 points. That’s the highest increase since May 2010 and only the second increase, joining last month’s… Continue reading Portland’s Case Shiller Rockets Skyward
Portland’s Case Shiller Index for June 2011 is up two one hundredths from May. The change, while nonexistent for all intensive purposes, marks the third consecutive month of increases in the Index. The last time there were three consecutive months was the same period last year. Last year’s increases were then followed by nine months… Continue reading Portland Case Shiller June 2011
Portland’s Case Shiller report for January 2012 looks like deja vu all over again. The Index dropped 2% from December, mirroring the start to 2011. In 2011 the Index posted losses for the first three months of the year followed by six straight months of gains. The small gains fueled a lot of optimism and… Continue reading Portland Case Shiller January 2012
February’s Case Shiller Index was released today. CNN’s headline reads, “Home Prices Lowest Since 2002.” For Portland, home prices sit at July 2004 prices: 129.60 which represents a .36 slide from January’s Case Shiller Index. Case Shiller reports lag 60 days and are released on the last Tuesday of the month. After the Index was… Continue reading Portland Real Estate Market Better Than Some
The April 2012 Case Shiller report was released today and Portland reported its first gain in seven months. The current Portland index is 131.62. That’s 31.62 points above the reset point at 100 in January 2000 but well off the index high of 186.51 in July of 2007. The index has lost .9% over the… Continue reading Portland Case Shiller Up for 1st Time in 7 Months
The Case Shiller Index for June 2012 was released on Tuesday. For the second month in a row, Portland showed strong gains, increasing 2.5% to 138.51. Combined with the 2.6 % gain from April to May, the Case Shiller Index for Portland is up 3.0% in the last year. It’s good news but has a… Continue reading Portland Case Shiller for June 2012 Increases
Case Shiller’s September 2013 housing report was released yesterday. The two-month lagging report show that the Portland real estate market edged up from August. The 160.18 is up less than a point but more importantly has rebounded 30 points from the March 2012 low of 129! That means that the pool of underwater houses has… Continue reading Portland Case Shiller September 2013
The national Case Shiller report for December 2013 was released this morning. Portland remained flat in December at 159.84. During the traditional “slowdown season” of real estate, the Portland market has hovered at this level since August. The Case Shiller Index report has a two month lag and reports on the Portland Metro MSA. This… Continue reading Case Shiller Portland: Flat is Good