Bend, Ore. – Bend-area home prices increased nearly 11 percent, in the 12 months ending June 30.
This ranks the area 13th nationally, according to quarterly federal housing data released Wednesday.
The Portland metro area ranked third in the nation, with a 13.45 percent increase from the second quarter of 2015 to the second quarter of this year, according to a report from the Federal Housing Finance Agency.
It’s the second time in four quarters that the Portland, Vancouver, Hillsboro Metropolitan Statistical Area (MSA) — made up of five counties in Oregon and two in Washington — has ranked higher than the Bend-Redmond MSA among the nation’s top 20 metro areas with the highest home-price appreciation. The Bend-Redmond MSA comprises all of Deschutes County.
The Salem MSA, made up of Marion and Polk counties, made the top 20 list for the first time in at least the last 10 quarters. It ranked 20th, with an increase of 10.18 percent over 12 months.
Boulder, Colorado, ranked first, with a 14.72 percent increase in home prices.
Oregon led all states, with an 11.7 percent increase from the second quarter of 2015 to the second quarter of this year. Washington finished second, at 10.3 percent; followed by Colorado, 10.2 percent; Florida, 10.0 percent; and Nevada, 9.6 percent.
