Portland was named the fourth-best housing market in the country by Forbes magazine, based in part on the latest S&P Case-Schiller 20-city home price index, published monthly.
Case-Schiller examines monthly and year-over-year declines in home prices, price-drop momentum and repeat home sales, among other factors. It does not include new construction or foreclosures.
The five best housing markets, according to Forbes and in order, are New York; Washington, D.C.; Charlotte, N.C.; Portland; and San Diego. The five worst housing markets are Las Vegas, Phoenix, Detroit, Minneapolis and San Francisco.
