Housing construction slumps 7 percent in July to 1.53 million units
Home construction fell by 7 percent in July as homebuilders struggled to cope with a variety of headwinds.
US home construction jumps 6.3 percent in June
The rate of home construction in the U.S. jumped 6.3 percent in June, another big swing in an already volatile year.
Home builders still face supply shortages, heightened costs
Home builders and home remodelers are still facing supply shortages and higher prices for construction materials in the wake of the coronavirus pandemic.
US home construction slips 0.9 percent in May
U.S. home construction slipped a bit in May as a sharp drop in single-family construction was only partially offset by a rise in apartment building.
SDCs for ADUs could be extended until 2016
Portland City Council is scheduled to vote on a resolution that would extend a suspension on system development charges for accessory dwelling units for another three years to July 31, 2016. Adopted in 2010, the suspension was slated to expire in 2013.
State economist vaguely optimistic in quarterly report
As the economy staggers back to its feet, state economist Mark McMullen told members of the Oregon Legislature last week that good news is coming from the homebuilding industry.
Residential builders see increase in work
Residential business, according to the Associated General Contractors of America, has improved 21 percent thus far in 2012 – more than five times greater than commercial or retail. And it’s the only type of construction expected to experience significant gains in 2013.
Central Oregon sees upswing in upscale home market
The higher end of the homebuilding industry is showing signs of recovery in Central Oregon.
Residential sales increase in September
Following a decrease in June, an increase in July and a decrease in August, sales of single-family homes increased 5.7 percent to a seasonally adjusted annual rate of 389,000 units, according to the most recent report from the U.S. Department of Housing and Urban Development.
Forest report offers good news for home builders
According to the 2012 Forest Report, prepared by the Oregon Forest Resources Institute, the number of housing permits issued in Oregon is up at least 24 percent over August 2011.
Lending climate tepid for home builders
Across the board, residential construction is picking up and building permits are on the rise, implying that more home builders are getting loans. But industry professionals say access to credit is still a problem and that lending requirements haven’t eased – it’s just a healthier market makes it appear that way.
Development follows shift in household demographics
Data shows that household demographics are changing in the Portland-metro area. Families are shrinking and more people are living alone. Meanwhile, young professionals are continuing to flock here. Some local developers are starting to pay attention, leading to a shift in the way they build housing.
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- Los Colibris project approved for Portland’s OMSI District
- Pacific Northwest projects totaling $9.9 million in top bidders | Aug. 7, 2026
- Oregon opens infrastructure grant program
- Ex-TV host claps back at Detroit officials in blight case
- 31-unit multifamily project in Portland land use review intakes | Aug. 3, 2026
- $2.4 million office renovation in Portland building permits | Aug. 3, 2026
- Transportation commission weighs ODOT budget cuts
- Lam Research planning $1.7 billion investment in Tualatin
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