Home prices rise in Portland, nationwide

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Tuesday, July 31, 2012

Home prices rose in May in every U.S. city tracked by a leading index.

The Standard & Poor's/Case-Shiller home price index released Tuesday showed increases in all of the 20 cities tracked. And a measure of national prices rose 2.2 percent from April to May, the second increase after seven months of flat or declining readings.

In Portland, prices were up 2.6 percent from April to May -- and 0.4 percent from a year earlier.

Read more at OregonLive.com.

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