Core Logic Portland Area Home Prices Up 12 Point 4 Percent In March From A Year Ago

Dated: May 6 2014

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Home prices rose in the Portland area and across the U.S. in March even as home sales failed to meet expectations.

The data firm CoreLogic said U.S. home prices were up 11.1 percent in March from a year earlier, and 1.4 percent compared to February.

Prices rose faster in the Portland metro, which saw a 12.4 percent increase year over year and a 1.3 percent increase in March.
The home-price hikes came in a month when sales of both new and existing homes were weaker than expected. Mark Fleming, CoreLogic's chief economist, said sellers are staying at the sidelines while willing buyers can't find homes that meet their needs. Read More Here...
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Mark Ross

For Mark Ross, founder of Ross NW Real Estate and professional real estate broker, real estate has always been the career of choice. During his 30 years in the industry, Mark has gained experience in ....

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