Wednesday, August 1, 2012

Local housing market heating up

Based on a variety of recent reports, the overall housing market has improved and the local market is now on stable ground. The Case Shiller 20-city composite rose 2.2% in May  All 20 cities in the index saw monthly gains. Portland experienced a gain of 2.6% from the prior month. These reports certainly reflect the activity we see in our local market - more buyers buying, more price competition, decreased inventory of homes for sale.

www.bpr.com    www.cityproperties.re
 

1 comment:

Zummi@dmci condo for sale said...

Its nice to knew that the overall housing market has improved and the local market is now on stable ground. Hope it continuous doing well. Thanks for sharing.