Case-Shiller: Home Prices Continue to Stabilize Nationally and in Portland
Nationally, the Twenty City Index showed a 1.2% gain in August over July and a 4.9% increase over the low point in April, 2009, with each month showing a slight increase over the previous month. Portland home prices have also seen four months of modest gains, with the August index showing a 0.3% monthly jump and a cumulative 2.5% gain over April.
Several west coast cities are showing strong rebounds. San Francisco, in particular, increased 2.8% from July to August, and has seen a cumulative 12.5% bounce from it’s low in March this year.
S&P/Case-Shiller released their August 2009 Home Price Indices this morning. Visit the Portland Home Team’s Market Data Center for other current measures, or call or email us for up-to-date information about your home.
