Case Shiller does indeed have a local index for portland which showed a 4% YOY decline for PDX. We are on track for 20+% declines by early 2009.
Unlike the RMLS (which is run by "realtors" for "realtors") the S&P Case-Shiller index specifically measures repeat sales. Also I am trying to remember the last time a realtor was punished for fudging an RMLS listing. - Wed May 28 2008, 11:51
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