Market Leaders Profile: Portland

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Data and information on the Portland remodeling market

October 01, 2009





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 



Neil Kelly Co., 2008 Remodeler of the Year 



Portland Not Immune to Remodeling Slump

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