Portland Case Shiller May 2010
By Charles TurnerThe Portland real estate market ranks sixth of the 20 cities tracked by Case Case Shiller report that came out this morning for May. It may be surprising to many but the 147.98 (up from 146.25 in April) lags behind only five cities since 2000 when the Index was set to 100 across all 20 cities. A dollar invested in the Washington DC real estate market would be worth $1.82 or $.69 in Detroit according to the Index compared to Portland’s $1.47. The current Portland index is close to June 2005 and May 2009 pricing. (more…)



