Tuesday, June 24, 2008

Portland Existing Home Prices Continue to Slide in April

The Case Shiller home price index was released today, and Portland's median price continued to slide in April, dropping 4.7% from April 2007.

The median price was actually up 0.3% from March to April due to seasonality and the peak buying season kicking in.

The 20 city composite dropped 15.3% in April.

Seattle fell 4.9%, keeping track with Portland.

San Francisco is down 22.1% and Phoenix is down 25% year over year.

Full charts and report later today

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