Case Shiller Index report for December

The Case Shiller Index report for December was released today. The Portland market continued to see declines: a 13.14% decline for the past one year. Since our market's peak in July 2007, we have seen a drop of 15.02%.

Other West Coast cities saw steep declines:

Phoenix -33.96%

Los Angeles -26.42%

San Diego -24.84%

San Francisco -31.24%

Las Vegas -32.98%

Seattle -13.35