Portland Housing Prices are going up

Home prices, including distressed sales, rose 4.6 percent nationwide in August compared to a year earlier, the largest year-over-year increase since July 2006. The August increase marks the sixth-consecutive monthly home price increase.

In the Portland-Vancouver-Hillsboro metro area, home prices, including distressed sales, were up 4 percent in August compared to a year earlier and up 1.1 percent compared to July.  In SW Portland, the area that runs from downtown to Beaverton, and south to Tigard, prices were up over 8%. 

If you'd like to know what's happening in your neighborhood, check in at caryperkins.com.  I'll keep running statistics available so you know when it's time to go!