The recently released Case Shiller index for September showed continued improvement for the Portland Area. Our latest numbers show an increase of 3.67% for the last twelve months. However, it's important to note that our housing problems were deep and that we still show a two-year drop of 2.22% and a 24.35% drop since our July 2007 peak.
Because of continued low interest rates and a shortage of inventory, most now believe that improvement in the housing industry can be sustained.
For more info on our team visit us at cityproperties.re, go to our condo site bpr.com, or my information site pearldistrictrealtor.com
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