Sponsored by Lane Powell

Home sales soar

| Print |  Email
Must Reads
Friday, September 14, 2012

Home sales in the Portland area rose in August, the strongest month by volume the local market has seen in five years.

Monthly figures from the Regional Multiple Listing Service showed 2,311 homes sold during in August, 28 percent more than in the same month a year earlier. Another 2,387 homes went under a sales contract, which bodes well for the coming months when those sales are finalized.

Home prices rose through the spring and summer, lifted by the small supply of homes available. That inventory ticked upward in July, but fell back to a low 3.9-month supply in August. Six months is considered a balanced market, with anything below indicating demand outpaces supply.

Read more at OregonLive.com.

{biztweet}home sale portland{/biztweet}

 

More Articles

Foundations perspective

May 2015
Monday, April 27, 2015
BY KIM MOORE

A conversation with Martha Richards, executive director of the James F. & Marion L. Miller Foundation.


Read more...

Bike Chic: 7 stylish options for cyclists

April 2015
Thursday, March 26, 2015

Cycling to work is all the rage. But not everyone wants to arrive at the office messy, sweaty — and unfashionable.


Read more...

Letting Go

April 2015
Friday, March 27, 2015
BY AMY MILSHTEIN

As baby boomers sell their businesses, too many forget the all-important succession plan.


Read more...

Energy Stream

May 2015
Monday, April 27, 2015
BY LINDA BAKER

Oregon already ranks as the nation’s second largest generator of hydroelectric power. (Washington is No. 1). Now an elegant new installation in Portland is putting an unconventional, sharing economy twist on this age-old water-energy pairing. The new system, launched this winter, uses the flow of water inside city water pipes to spin four turbines that produce electricity for Portland General Electric customers. 


Read more...

Downtime with the executive director of Greater Portland Inc.

April 2015
Thursday, March 26, 2015

Janet LaBar, Executive director, Greater Portland Inc.


Read more...

Shades of Gray

May 2015
Monday, April 27, 2015
BY KIM MOORE

Are we too quick to diagnose corruption?


Read more...

Beam Me Up

April 2015
Thursday, March 19, 2015
BY DAN COOK | Photos by Jason E. Kaplan

An alliance of developers, academics and timber industry executives wants to position Oregon as a front runner in the glamorous new world of wooden skyscrapers.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS