Tuesday, January 26, 2010

Case-Shiller Index Gains For 10th Straight Month

Home price declines slowed in November for the 10th straight month according to Standard & Poor's Case-Shiller index, a closely watched measure of home prices in the U.S. and 20 major metro markets.

November results released today indicated that Portland home prices gained 0.1 percent over October.  Home prices are still down 7.5 percent from a year ago.

According to the index, Portland continues to fare better than Seattle.