The latest Standard & Poor’s/Case-Shiller home price index, which tracks home price increases in cities across the United States, released on Tuesday, March 29 showed the Portland real estate market posted its fourth straight month of price increases.
Portland also registered the nation’s largest year-over-year gains in home values.
Luke Hammill of The Oregonian spoke with Leslie Girard, branch manager of Evergreen Home Loans’ Vancouver, Washington office, to discuss the latest data and what it means for the Portland-area market.
Leslie believes that the market is strong, but the biggest challenge is lack of housing inventory for sale. Here’s what she told Luke.