Portland Home Values Continue to Suffer From Unemployment Drag

The latest Case-Shiller numbers (for July) are out and Portland's home values lost a little ground from June and overall are down more than a percentage point from this time last year.  Not dramatic (and about what I had expected - I had anticipated a 2010 where we ended up essentially the same place we started) and also not surprising given our continuing difficulties with unemployment.

Anyway, once again I punt the ball to the Wall Street Journal (who actually get paid for reporting this stuff):

Home Prices, by Metro Area

Metro Area	July 2010	Change from June	Year-over-year change
Atlanta	109.92	0.2%	-0.2%
Boston	158.83	0.6%	2.8%
Charlotte	117.03	-0.2%	-3.5%
Chicago	126.17	1.0%	-1.7%
Cleveland	107.31	0.0%	-0.6%
Dallas	120.75	-0.3%	-0.4%
Denver	128.72	-0.4%	-0.1%
Detroit	71.17	1.6%	1.3%
Las Vegas	100.91	-0.8%	-4.9%
Los Angeles	176.27	0.3%	7.5%
Miami	147.88	0.7%	0.4%
Minneapolis	127.01	0.8%	6.4%
New York	174.9	1.3%	0.6%
Phoenix	110.3	-0.6%	3.4%
Portland	148.33	-0.3%	-1.2%
San Diego	165.02	0.7%	9.3%
San Francisco	143.23	0.5%	11.2%
Seattle	147.04	0.1%	-1.6%
Tampa	138.24	-0.2%	-3.2%
Washington	187.98	1.1%	6.5%

Source: Standard & Poor’s and FiservData