The improving real estate market is good for the Street of Dreams, and most of the expensive homes are already sold.
Lane County's jobless rate fell to 7.8% in May, down a full percentage point from a year ago.
Home prices are rising at record rates due to a small supply and slow construction on new homes.
Portland-area home prices are up 12% year-over-year.
The Oregon Transportation Commission approved $2 million to fund four Portland-area road projects to boost economic growth.