Tuesday, July 27, 2010

Portland Home Values: Case-Shiller May Numbers

Once again, I am farming this out entirely to the Wall Street Journal.  Portland's home values increased slightly from April and from the previous year, but what little improvement there was most likely is representative of the federal incentive programs.  Portland is, and always has been, unexceptional - middling in terms of increases and decreases in home values. Here is the WSJs chart:


Home Prices, by Metro Area

Metro Area   May 2010   Change from April   Year-over-year change   
Atlanta107.822.0%1.7%
Boston155.951.6%4.8%
Charlotte116.390.3%-2.8%
Chicago121.91.2%-1.5%
Cleveland105.851.0%3.7%
Dallas119.931.5%2.9%
Denver128.240.6%3.6%
Detroit68.290.7%-2.5%
Las Vegas102.35-0.5%-6.5%
Los Angeles174.671.7%9.7%
Miami146.330.9%1.2%
Minneapolis122.632.8%11.6%
New York170.450.8%-0.4%
Phoenix1110.9%7.2%
Portland147.981.2%0.7%
San Diego163.111.1%12.4%
San Francisco142.161.7%18.3%
Seattle146.821.2%-1.4%
Tampa138.290.9%-1.5%
Washington182.11.5%7.4%
Source: Standard & Poor’s and FiservData

    1 comment:

    Fred Thompson said...

    What do you make of the following (national) facts: new home sales dropped last month, existing home sales are up 24% over last year, and the inventory of homes for sale has dropped back to 06 level?