The NY times has a great interactive chart that shows the %change in house prices over the past 20 years: "Home Prices Across the Nation".
I've clipped the chart for Portland, but I encourage you to go play with the chart on their site.
Friday, February 29, 2008
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Back at the end of '89 Portland hit just under 20% appreciation. Looks like it took around a year and a half for prices to stabilize. Looks like it's going to take longer this time.
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