Rising home prices slowing down

| Print |  Email
Must Reads
Tuesday, August 27, 2013

Portland-area home prices rose 1.9% in June for the month and 11.8% year-over-year.

But for the second month in a row in Portland, those year-over-year gains are beginning to slow. It's a trend now being seen nationwide, where only six cities saw home-price gains accelerate in May. And 13 out of 20 cities saw home price gains weaken in what’s usually a seasonally strong month, said David M. Blitzer, chairman of S&P’s index committee.

“As we are in the middle of a seasonal buying period, we should expect to see the most gains,” Blitzer said. "With interest rates rising to almost 4.6 percent, homebuyers may be discouraged and sharp increases may be dampened.”

Read more at OregonLive.com.

 

More Articles

Downtime with the director of Barley's Angels

May 2015
Monday, April 27, 2015
BY JACOB PALMER

Live, Work, Play with Christine Jump.


Read more...

3 trends in the garden business

The Latest
Thursday, April 30, 2015
gardenthumbBY JACOB PALMER | DIGITAL NEWS EDITOR

Oregonians are scrambling to get their gardens in order for the summer. Here are three tips from landscaping and urban farming expert.


Read more...

5 questions about the FLIR FX

The Latest
Wednesday, April 08, 2015
FLIR-FX-IndoorBY JACOB PALMER | DIGITAL NEWS EDITOR

The Wilsonville-based company is targeting GoPro enthusiasts with its latest release. Is spy gear poised to go mainstream?


Read more...

The Health Guru

May 2015
Monday, April 27, 2015
BY LINDA BAKER

Mohan Nair channels a visionary.


Read more...

6 things to know about the Amtrak Cascades route

The Latest
Friday, May 22, 2015
thumb3BY JACOB PALMER | DIGITAL NEWS EDITOR

The recent tragedy in Philadelphia has called attention to Amtrak and the nation's woefully underfunded rail service. Here are six facts about the Amtrak Cascades corridor between Eugene and Vancouver B.C. 


Read more...

European Vacation

Guest Blog
Thursday, April 23, 2015
norristhumbBY JASON NORRIS | GUEST BLOGGER

There are winners and losers with a strengthening U.S. dollar.


Read more...

Make the Case

May 2015
Monday, April 27, 2015

10 briefcases that mean business.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS