Abstract:
Data and information on the Portland remodeling market
Publication Date:
Wed, 2009-09-30 19:00
Article Image:
Population: 2,207,462 (14.5 percent increase since 2000)
Home prices
• Down 15.2 percent from 2008
• Down 20.4 percent from July 2007 local peak
• Up 15.8 percent over last 5 years
• Up 48.4 percent over last decade
Homeownership rate: 64.2 percent (No. 51 among major metros)
Median household income: $53,935
Local unemployment rate: 11.5 percent (up from 5.7 percent in 2008)
Sources: S&P/Case Shiller Home Price Index, U.S. Bureau of Labor Statistics, U.S. Census Bureau
RELATED LINKS
The Oregonian: Two years from the peak, housing prices down 17 percent
[1]
Neil Kelly Co., 2008 Remodeler of the Year
Portland Not Immune to Remodeling Slump
