S&P CoreLogic Case-Shiller OR-Portland Home Price Index
POXRSA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
330.00
Year-over-Year Change
1.24%
Date Range
1/1/1987 - 5/1/2025
Summary
The S&P CoreLogic Case-Shiller OR-Portland Home Price Index tracks changes in the average home prices within the Portland, Oregon metropolitan area. It is a key indicator of the regional housing market's performance.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The S&P CoreLogic Case-Shiller OR-Portland Home Price Index is one of the leading measures of Portland's residential real estate values. It provides insights into local housing affordability and price trends, which are crucial for policymakers, investors, and homebuyers.
Methodology
The index is calculated based on repeat sales of single-family homes, using a sophisticated algorithm to control for factors like property size and location.
Historical Context
This index is widely followed by economists, real estate professionals, and policymakers to gauge the health of the Portland housing market and inform investment and policy decisions.
Key Facts
- The index uses a base value of 100 set in January 2000.
- Portland home prices have risen over 250% since the index's base year.
- Home prices in Portland have outpaced the national average in recent years.
FAQs
Q: What does this economic trend measure?
A: The S&P CoreLogic Case-Shiller OR-Portland Home Price Index measures changes in the average sale prices of single-family homes in the Portland, Oregon metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insights into the performance of the Portland housing market, which is crucial for understanding regional economic conditions, informing investment decisions, and guiding policy.
Q: How is this data collected or calculated?
A: The index is calculated based on repeat sales of single-family homes, using a proprietary algorithm to control for factors like property size and location.
Q: How is this trend used in economic policy?
A: The S&P CoreLogic Case-Shiller OR-Portland Home Price Index is closely monitored by policymakers, real estate professionals, and economists to assess housing affordability, inform policy decisions, and guide investment strategies.
Q: Are there update delays or limitations?
A: The index is published with a two-month lag, reflecting the time required to collect and analyze the underlying data. While comprehensive, it may not capture the most recent changes in the Portland housing market.
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Citation
U.S. Federal Reserve, S&P CoreLogic Case-Shiller OR-Portland Home Price Index (POXRSA), retrieved from FRED.