3. Oregon
9.1 percent increase in home prices
The number of sales in Portland, Oregon’s largest city, rose 26.6 percent from last year to reach the highest total for any September since 2005. Year-to-date, pending sales are up 23.5 percent over 2014 and closed sales are 22.3 percent higher. Portland also recorded a 9.4 percent gain in home values in the latest Standard & Poor’s/Case Shiller index, which was the third largest increase among the 20 cities the index tracks.
