Case/Shiller Home Price Index posts largest drop in 20yrs… Yet Portland is still going up
February 26th, 2008 by sellpdx
You might have heard the news - it will be on the TV tonight and I wanted to point out the small print that will likely be overlooked by much of the media.
For 20 years the Case/Shiller index has tracked the rise and fall of the housing market nationally. Of the 20 areas they look at all were down except 3 - some like Miami are down as much as 17%. Three areas went up: Charlotte, N.C., 2.3%; Portland, Ore., 1.2%; and Seattle, at 0.5%.
Read the entire article here: CNN/Money
Popularity: 24% [?]
This entry was posted on Tuesday, February 26th, 2008 at 8:18 am and is filed under Misc, The Market. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
