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2016-07-27 16:11:50
Portland home values grew fastest in U.S

Portland Rentals

Portland home values grew fastest in U.S. for eighth straight month

Home values in May in the Portland region grew faster than any of the other 20 major metro areas measured in the monthly Standard & Poor's Case-Shiller home price index -- the eighth straight month Portland topped the list, according to the list released Tuesday.

Local home values posted a 12.5 percent year-over-year increase in May, slightly higher than the 12.3 percent year-over-year increase the Portland market posted in April. The Portland area also posted a 12.3 percent growth rate in March.

The second- and third-highest ranked cities remained unchanged from April. Seattle posted a 10.7 percent year-over-year growth rate for the month; Denver's was 9.5 percent. Eight cities reported greater year-over-year price increases for May compared to April. Read More - Oregon Live.com>


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2016-07-27 16:11:50
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