The S&P/Case Shiller Report came out this morning. It reports with a two month lag; today’s release is for August.
Home prices in 20 U.S. metropolitan areas were down from a year earlier for an eighth straight month in August, a private survey showed today.
Values dropped 4.4 percent in the 12 months ended August, the most since records began in 2001, according to the S&P/Case- Shiller home-price index.
The data for Portland is pretty much flat, as it has been much of the year: