| Portland, OR - House Price Index (HPI) - 32 Year Chart |
| Portland Real Estate Market Forecast (OR) |
| 100 |
| 1000 |
The House Price Index (HPI) shows changes in Portland-Vancouver-Hillsboro, OR-WA single family
home prices in logarithmic scale. The March, 1995 index value equals 100. Updated Friday,
December 28, 2012. See real estate forecasts, analysis, statistics and appreciation rates below.
home prices in logarithmic scale. The March, 1995 index value equals 100. Updated Friday,
December 28, 2012. See real estate forecasts, analysis, statistics and appreciation rates below.
| Portland Real Estate Index: 32 Year Chart Home Values Appreciation Rate - US Cities |
| 10 |
Portland Real Estate Market: Trend, Analysis & Statistics
1/75 1/1980 1/1985 1/1990 1/1995 1/2000 1/2005 1/2010 1/15
Commentary 13383
4th Quarter, 2012 Housing Statistics: Portland, Oregon
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 83%
Forecast-Chart.com publishes forecasts for the trend in home prices in 380
Metropolitan Statistical Areas. The House Price Trend will be either UP or
DOWN. The forecast for the trend in the Portland housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Portland is 83%. In other words, when tested against historical
data, the forecasting methodology was correct 83% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Portland is 83% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2013 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Portland Real
Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 81%
The forecast for the trend in the Portland housing market for the 3 years ending
with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast for
Portland is 81%. In other words, when tested against historical data, the
forecasting methodology was correct 81% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Portland is 81% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 4th Quarter of 2015 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Portland Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Portland, Oregon
Historical Home Price Appreciation
Last Quarter 1.84%
Last Year 2.0%
Last 5 Years -21%
Last 10 Years 28%
Last 20 Years 131%
Decline From All Time High 20.96%
Annual Home Price Appreciation Rates
1983 -4.38%
1984 5.10%
1985 -2.24%
1986 1.24%
1987 0.88%
1988 5.50%
1989 9.30%
1990 16.61%
1991 8.82%
1992 7.56%
1993 8.03%
1994 10.01%
1995 9.45%
1996 7.30%
1997 7.02%
1998 4.58%
1999 1.52%
2000 3.32%
2001 5.31%
2002 4.37%
2003 5.50%
2004 10.56%
2005 20.04%
2006 12.82%
2007 2.79%
2008 -7.12%
2009 -8.96%
2010 -4.02%
2011 -4.52%
2012 2.00%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.84% Rank: 61 of 381 (84th Percentile)
Last Year . . . . . . . . . . . . . . . . 2.0% Rank: 86 of 381 (77th Percentile)
Last 5 Years -21% Rank: 288 of 381 (24th Percentile)
Last 10 Years . . . . . . . . . . . . 28% Rank: 96 of 381 (75th Percentile)
Last 20 Years 131% Rank: 23 of 368 (94th Percentile)
Decline From All Time High 20.96%
Home Price appreciation rates for Portland-Vancouver-Hillsboro, OR-WA are
shown above for five time periods. For example: Portland appreciated 1.84% in
the Last Quarter. At that rate, the Portland Real Estate Market was ranked 61st
out of 381 metropolitan areas for Real Estate Appreciation. Portland was in the
84th percentile. So Portland, OR performed better in the Last Quarter than 84%
of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Portland, Oregon
The data and analysis on this page pertains to Portland-Vancouver-Hillsboro,
OR-WA, hereinafter referred to as "Portland". The all time high in the Portland
Home Price Index was 241.7 in the 4th Quarter, of 2007. The 4th Quarter, 2012
index value was 191.0. That's a decline of 50.65 points or 20.96% below the
Portland Home Price Index all time high. The Home Price Index indicates that
the Portland Market is up 28% over the last 10 years. Home prices in the
Portland Real Estate Market have gained 2.00% over the last 12 months. Over
the last thirty years, it is up 265%.
The 4th Quarter index value was 3.46 points higher than the 3rd Quarter, 2012
index value of 187.58, resulting in a 1.84% rise in the 4th Quarter for the
Portland Market.
The Portland Home Price Index has increased for the last 2 consecutive
quarters. The current record holder for consecutive increases in the Home
Price Index is Bismarck, ND, with increases in the last 11 consecutive quarters.
The current record holder for consecutive declines in the Home Price Index is
Tallahassee, FL, with declines in the last 5 consecutive quarters.
The highest annual home appreciation rate in the Portland Real Estate Market
was 24% in the twelve months ended with the 2nd Quarter of 1978. The worst
annual home appreciation rate in the Portland Market was -12% in the twelve
months ended with the 3rd Quarter of 1981.
The highest home appreciation in the Portland Real Estate Market over a three
year period was 71% in the three years ended with the 2nd Quarter of 1979.
The worst home appreciation over a three year period in the Portland Market
was -22% in the three years ended with the 2nd Quarter of 2011.
This page provides a long term graph of the Portland Home Price Index
(above). For information about Oregon home values, look at the links under
that chart. One link opens a forecast for home appreciation rates in the state of
Oregon. Another link opens the home price index chart for Oregon. Just one
glance at Forecast-Chart.com's long term charts can provide tremendous
insight into the historical trends of residential property values. Bookmark this
page! Then Forecast-Chart.com's detailed research and statistics about
Portland Home Prices will be at your fingertips when you need them.
Historical data on the Portland Home Price Index is available back to the 2nd
Quarter, of 1976. All calculations are based on the quarterly value of the House
Price Index for the Portland Market. The terms House Price Index and Home
Price Index, as used in this site, refer to the Federal Housing Finance Agency
(FHFA) House Price Index.
Significant time is required to research quarterly sales price and appraisal data
from mortgage transactions in the Portland Real Estate Market and hundreds of
other cities. As a result, Home Price data is not available for a number of
months after the end of each quarter.
Part 4: APPRECIATION RATES & RANKINGS
4th Quarter, 2012 Housing Data: Portland, Oregon
The appreciation of Portland Home Prices relative to 380 other metropolitan
areas is detailed below. Each metropolitan area contains one or more cities.
Five different time periods are reviewed. Each paragraph identifies the top and
bottom performing markets as well as the average and median performance for
all cities during each time period. The data and analysis on this page pertains
to Portland-Vancouver-Hillsboro, OR-WA, hereinafter referred to as "Portland".
Last Quarter:
During the 4th Quarter of 2012, Portland Home Prices had a rank of 61, with
appreciation of 1.84%. The top performing real estate market during the 4th
Quarter was Bismarck, ND, with appreciation of 4.55%. The worst market during
that period was Hattiesburg, MS, with appreciation of -4.02%.
The median appreciation for all cities during the 4th Quarter was 0.47%. The
average appreciation for all markets during the quarter was 0.54%.
Last Year:
During the last 12 months, Portland Home Prices had a rank of 86, with
appreciation during the year of 2.00%. The top performing market during the
last year was Bismarck, ND, with appreciation of 13.4%. The worst real estate
market during that period was Gainesville, FL, with appreciation of -6.8%.
The median appreciation for all markets during this period was 0.27%. The
average appreciation was 0.31%.
Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2012, Portland Home Prices
ranked 288, with a total appreciation of -21.0%. The top performing real estate
market during the 5 year period was Bismarck, ND, with appreciation of 24%.
The worst market during that period was Las Vegas, NV, with appreciation of
-54%.
The median appreciation for all cities during this time period was -9%. The
average appreciation over the 5 years was -12%.
Last 10 Years:
During the 10 years ended in the 4th Quarter of 2012, Portland Home Prices
had a rank of 96, with appreciation during the decade of 28%. The top
performing market during the period was Midland, TX, with appreciation of
104%. The worst real estate market during the 10 year time period was Detroit,
MI, with appreciation of -31%.
The median appreciation for all markets during the last 10 years was 18%. The
average appreciation for the cities over that time frame was 18%.
Last 20 Years:
During the 20 years ended in the 4th Quarter of 2012, Portland Home Prices
had a rank of 23, with total appreciation over the 20 year period of 131%. The
top performing real estate market during the period was Casper, WY, with
appreciation of 210%. The worst market during the last 20 years was Las
Vegas, NV, with appreciation of 7%.
The median appreciation for all cities during the last 20 years was 78%. The
average appreciation for the markets over that time frame was 80%.
Historical research data on the Home Price Index for the Portland Real Estate
Market is available back to the 2nd Quarter, of 1976. All calculations are based
on the quarterly value of the House Price Index for Portland. Real estate
appreciation figures represent total appreciation over each time period. (Unless
specifically stated, the appreciation figures do not represent annual or quarterly
rates of appreciation.)
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
4th Quarter, 2012 Housing Statistics: Portland, Oregon
Part 1: HOUSING MARKET FORECAST
12 Month Forecast: UP
Forecast Accuracy: 83%
Forecast-Chart.com publishes forecasts for the trend in home prices in 380
Metropolitan Statistical Areas. The House Price Trend will be either UP or
DOWN. The forecast for the trend in the Portland housing market for the 12
months ending with the 4th Quarter of 2013 is UP. The Accuracy of the Trend
Forecast for Portland is 83%. In other words, when tested against historical
data, the forecasting methodology was correct 83% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Portland is 83% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 4th Quarter of 2013 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Portland Real
Estate Market Forecast.
3 Year Forecast: UP
Forecast Accuracy: 81%
The forecast for the trend in the Portland housing market for the 3 years ending
with the 4th Quarter of 2015 is UP. The Accuracy of the Trend Forecast for
Portland is 81%. In other words, when tested against historical data, the
forecasting methodology was correct 81% of the time. Accordingly,
Forecast-Chart.com estimates that the probability for rising house prices in
Portland is 81% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 4th Quarter of 2015 than they were in the 4th
Quarter of 2012. Check this page each quarter for updates to the Portland Real
Estate Market Forecast.
Part 2: MARKET SUMMARY
4th Quarter, 2012 Housing Data: Portland, Oregon
Historical Home Price Appreciation
Last Quarter 1.84%
Last Year 2.0%
Last 5 Years -21%
Last 10 Years 28%
Last 20 Years 131%
Decline From All Time High 20.96%
Annual Home Price Appreciation Rates
1983 -4.38%
1984 5.10%
1985 -2.24%
1986 1.24%
1987 0.88%
1988 5.50%
1989 9.30%
1990 16.61%
1991 8.82%
1992 7.56%
1993 8.03%
1994 10.01%
1995 9.45%
1996 7.30%
1997 7.02%
1998 4.58%
1999 1.52%
2000 3.32%
2001 5.31%
2002 4.37%
2003 5.50%
2004 10.56%
2005 20.04%
2006 12.82%
2007 2.79%
2008 -7.12%
2009 -8.96%
2010 -4.02%
2011 -4.52%
2012 2.00%
Real Estate Appreciation, Rank & Percentile
Last Quarter 1.84% Rank: 61 of 381 (84th Percentile)
Last Year . . . . . . . . . . . . . . . . 2.0% Rank: 86 of 381 (77th Percentile)
Last 5 Years -21% Rank: 288 of 381 (24th Percentile)
Last 10 Years . . . . . . . . . . . . 28% Rank: 96 of 381 (75th Percentile)
Last 20 Years 131% Rank: 23 of 368 (94th Percentile)
Decline From All Time High 20.96%
Home Price appreciation rates for Portland-Vancouver-Hillsboro, OR-WA are
shown above for five time periods. For example: Portland appreciated 1.84% in
the Last Quarter. At that rate, the Portland Real Estate Market was ranked 61st
out of 381 metropolitan areas for Real Estate Appreciation. Portland was in the
84th percentile. So Portland, OR performed better in the Last Quarter than 84%
of the 381 metropolitan areas covered in Forecast-Chart.com.
Part 3: MARKET HIGHLIGHTS
4th Quarter, 2012 Housing Statistics: Portland, Oregon
The data and analysis on this page pertains to Portland-Vancouver-Hillsboro,
OR-WA, hereinafter referred to as "Portland". The all time high in the Portland
Home Price Index was 241.7 in the 4th Quarter, of 2007. The 4th Quarter, 2012
index value was 191.0. That's a decline of 50.65 points or 20.96% below the
Portland Home Price Index all time high. The Home Price Index indicates that
the Portland Market is up 28% over the last 10 years. Home prices in the
Portland Real Estate Market have gained 2.00% over the last 12 months. Over
the last thirty years, it is up 265%.
The 4th Quarter index value was 3.46 points higher than the 3rd Quarter, 2012
index value of 187.58, resulting in a 1.84% rise in the 4th Quarter for the
Portland Market.
The Portland Home Price Index has increased for the last 2 consecutive
quarters. The current record holder for consecutive increases in the Home
Price Index is Bismarck, ND, with increases in the last 11 consecutive quarters.
The current record holder for consecutive declines in the Home Price Index is
Tallahassee, FL, with declines in the last 5 consecutive quarters.
The highest annual home appreciation rate in the Portland Real Estate Market
was 24% in the twelve months ended with the 2nd Quarter of 1978. The worst
annual home appreciation rate in the Portland Market was -12% in the twelve
months ended with the 3rd Quarter of 1981.
The highest home appreciation in the Portland Real Estate Market over a three
year period was 71% in the three years ended with the 2nd Quarter of 1979.
The worst home appreciation over a three year period in the Portland Market
was -22% in the three years ended with the 2nd Quarter of 2011.
This page provides a long term graph of the Portland Home Price Index
(above). For information about Oregon home values, look at the links under
that chart. One link opens a forecast for home appreciation rates in the state of
Oregon. Another link opens the home price index chart for Oregon. Just one
glance at Forecast-Chart.com's long term charts can provide tremendous
insight into the historical trends of residential property values. Bookmark this
page! Then Forecast-Chart.com's detailed research and statistics about
Portland Home Prices will be at your fingertips when you need them.
Historical data on the Portland Home Price Index is available back to the 2nd
Quarter, of 1976. All calculations are based on the quarterly value of the House
Price Index for the Portland Market. The terms House Price Index and Home
Price Index, as used in this site, refer to the Federal Housing Finance Agency
(FHFA) House Price Index.
Significant time is required to research quarterly sales price and appraisal data
from mortgage transactions in the Portland Real Estate Market and hundreds of
other cities. As a result, Home Price data is not available for a number of
months after the end of each quarter.
Part 4: APPRECIATION RATES & RANKINGS
4th Quarter, 2012 Housing Data: Portland, Oregon
The appreciation of Portland Home Prices relative to 380 other metropolitan
areas is detailed below. Each metropolitan area contains one or more cities.
Five different time periods are reviewed. Each paragraph identifies the top and
bottom performing markets as well as the average and median performance for
all cities during each time period. The data and analysis on this page pertains
to Portland-Vancouver-Hillsboro, OR-WA, hereinafter referred to as "Portland".
Last Quarter:
During the 4th Quarter of 2012, Portland Home Prices had a rank of 61, with
appreciation of 1.84%. The top performing real estate market during the 4th
Quarter was Bismarck, ND, with appreciation of 4.55%. The worst market during
that period was Hattiesburg, MS, with appreciation of -4.02%.
The median appreciation for all cities during the 4th Quarter was 0.47%. The
average appreciation for all markets during the quarter was 0.54%.
Last Year:
During the last 12 months, Portland Home Prices had a rank of 86, with
appreciation during the year of 2.00%. The top performing market during the
last year was Bismarck, ND, with appreciation of 13.4%. The worst real estate
market during that period was Gainesville, FL, with appreciation of -6.8%.
The median appreciation for all markets during this period was 0.27%. The
average appreciation was 0.31%.
Last 5 Years:
Over the 5 years ended with the 4th Quarter of 2012, Portland Home Prices
ranked 288, with a total appreciation of -21.0%. The top performing real estate
market during the 5 year period was Bismarck, ND, with appreciation of 24%.
The worst market during that period was Las Vegas, NV, with appreciation of
-54%.
The median appreciation for all cities during this time period was -9%. The
average appreciation over the 5 years was -12%.
Last 10 Years:
During the 10 years ended in the 4th Quarter of 2012, Portland Home Prices
had a rank of 96, with appreciation during the decade of 28%. The top
performing market during the period was Midland, TX, with appreciation of
104%. The worst real estate market during the 10 year time period was Detroit,
MI, with appreciation of -31%.
The median appreciation for all markets during the last 10 years was 18%. The
average appreciation for the cities over that time frame was 18%.
Last 20 Years:
During the 20 years ended in the 4th Quarter of 2012, Portland Home Prices
had a rank of 23, with total appreciation over the 20 year period of 131%. The
top performing real estate market during the period was Casper, WY, with
appreciation of 210%. The worst market during the last 20 years was Las
Vegas, NV, with appreciation of 7%.
The median appreciation for all cities during the last 20 years was 78%. The
average appreciation for the markets over that time frame was 80%.
Historical research data on the Home Price Index for the Portland Real Estate
Market is available back to the 2nd Quarter, of 1976. All calculations are based
on the quarterly value of the House Price Index for Portland. Real estate
appreciation figures represent total appreciation over each time period. (Unless
specifically stated, the appreciation figures do not represent annual or quarterly
rates of appreciation.)
_____________________________________________________________
Report a Problem with this Page Contact Us Privacy Policy Terms of Use/Disclosure
SignalTrend Inc. 2008 - 2012, All Rights Reserved
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