Tuesday, November 24, 2009

Portland Home Values: Case-Shiller September Numbers

Okay, so I try to take a week off and something always happens, in this case the Case-Shiller September numbers. So here are two snapshots. The first is the raw data showing an ever so slight increase in the 20 city composite and in Seattle, but a every so slight drop in Portland (12% unemployment anyone?).

The second is the year-over-year change in the monthly numbers, and here we see the trend is still improving but weakening...

This is consistent with what I expect from the unemployment situation and what I talked about on OPB.

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