Home prices all across the country are on the rise, according to the latest data from Case Shiller Weiss.
During the third quarter of 1996, home prices increased 1.1% nationwide from the second-quarter level, for an aggregate gain of 3.1% since 1995's third quarter.
Prices in Portland, Ore., saw the biggest gain over the 12-months period. Values increased more than 9% there, to a median of $144,000.
Home prices in Washington, D.C., showed the slowest growth during the same time period-rising 0.2% to a median of $174,000.
The rise in home prices in the mountain states, which have experienced an influx of new residents in recent years, has slowed, the data show. Although values there increased 4.9% over the 12-month period, they grew only O.7% during the third quarter.