Oregon Home Prices Increase 6.4 Percent
House prices rose 6.4 percent in Oregon in the past year, according to a federal index released Tuesday.
The quarterly report shows that Bend-Redmond and Medford had Oregon's sharpest increase in prices in the past year. In both of those metro areas, the median house price rose about 9 percent.
Home prices in the Portland-Vancouver metro area increased by 8.5 percent in the past 12 months.
Oregon ranks 10th in the nation among states for appreciation in house prices, according to the federal report.
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