Portland home prices were down 15.3 percent, while U.S. prices fell 18.7 percent from March 2008 to March 2009, according to this morning's Case-Shiller report.
Case-Shiller also reports the pace of national month-to-month declines continues to slow which also marked the second straight month record drops were not posted.
Here are the depreciation rates in the latest report.
Rate = City
-5.5% = Denver
-5.6% = Dallas
-8.0% = Boston
-9.0% = Cleveland
-9.3% = Charlotte
-11.8% = New York
-15.3% = Portland
-15.7% = Atlanta
-16.4% = Seattle
-18.4% = Washington, D.C.
-18.6% = Chicago
-22.0% = Tampa
-22.3% = Los Angeles
-22.4% = Detroit
-22.9% = San Diego
-23.3% = Minneapolis
-28.7% = Miami
-30.1% = San Francisco
-31.2% = Las Vegas
-36.0% = Phoenix
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