According to PMAR (Porltand Metropolitan Association of Realtors) the Portland market is still a hot one, and our appreciation streak continues.  In fact, the local housing market is healthy, and thriving. Real estate remains a profitable investment. As you can see from the charts below, appreciation on Portland area homes has risen over the past five years, along with sales prices. The average appreciation rate over the past six years is 9.75%.

See the charts below for the facts....    The first one is appreciation and the 2nd one is average sales price.