Portland home value gains continue to lead the nation.
January marked the fourth straight month the searing Portland-area market posted the nation’s largest year-over-year gains in home values, according to the Standard & Poor’s/Case-Shiller home price index, released Tuesday.
Prices in the region increased 11.8 percent in January from the same month a year earlier, more than Seattle’s 10.7 percent and San Francisco’s year-over-year increase of 10.5 percent.
The Portland area’s monthly gains in home values between December and January were also near the top of the 20-city index – only Miami and San Diego matched Portland’s 0.4 percent monthly increase, and only Los Angeles’ 0.5 percent monthly gains topped it. San Francisco-area housing lost 0.7 percent of value over the same stretch, the largest decrease among the index.
(READ MORE: Oregon Live)