Home Must Reads Home sales soar

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

What I'm Reading

September 2014
Wednesday, August 27, 2014

Kim Ierian, President of Concorde Career Colleges, and Deborah Edward, Executive Director of Business for Culture & the Arts, share their recent reads.


Read more...

A Taste of Heaven

September 2014
Tuesday, August 26, 2014
BY VIVIAN MCINERNY

Craft beer comes to Mount Angel.


Read more...

Managing family assets: The importance of planning ahead

News
Friday, August 22, 2014
Unknown-1BY CLIFF HOCKLEY |  OB GUEST CONTRIBUTOR

When business intersects with family, a host of  situations can arise. Without a clear vision and careful planning, hard-earned investments can become stressful burdens.


Read more...

Green Endeavor cleans up

News
Wednesday, August 06, 2014
080614 ULnew greenendeavorBY LINDA BAKER | OB EDITOR

Portland startup Green Endeavor strikes gold, inking a partnership with Underwriters Laboratories, an Illinois-based consulting and certification company with offices in 46 countries.


Read more...

College Hacker

September 2014
Wednesday, August 27, 2014
BY KLINT FINLEY

Treehouse CEO Ryan Carson builds a 21st-century trade school.


Read more...

Downtime

September 2014
Wednesday, August 27, 2014
BY JESSICA RIDGWAY

How State Representative Julie Parrish (House District 37) balances life between work and play.


Read more...

Launch

September 2014
Tuesday, August 26, 2014
BY JESSICA RIDGWAY

September's Launch article features Orchid Health, BuddyUp and Inter-Europe Consulting.


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