Tuesday, February 22, 2011

Portland Home Values: Case-Shiller December Numbers

And now for your monthly Case-Shiller update.  The December numbers are out and things continue to look grim for Portland (and the US in general).  With the federal new home buyer credit ending, the backlog of defaults and the continuing unemployment situation, the downward pressure on prices is still strong.

But, in some better news, consumer confidence is up sharply.


Tom Cusack said...

A bit more detail about Portland metro CS, including comparison to 10 year DJIA change is in my blog post HERE:

Tom Cusack, Oregon Housing Blog

Patrick Emerson said...

Thanks Tom!