U.S. home turnover rate hits lowest level in decades
About 28 out of every 1,000 homes changed hands between January and September. That is the lowest U.S. home turnover rate going back to at least the 1990s, according to an analysis by Redfin.
Single-family market shifts as sellers lose bargaining power
Home sellers face tougher negotiations as rising inventory and high mortgage rates give buyers more leverage in the U.S.
U.S. home sales fall in April as mortgage rates stay high
Sales of previously occupied homes in April dipped to the slowest pace since 2009, as high prices kept many buyers on the sidelines during peak season.
American homes getting smaller with rising costs, mortgage rates
According to 2020 Census data, the median floor area square footage for single-family homes peaked in the first quarter of 2015 at 2,519. As of the second quarter of this year, median square footage has dropped to 2,191.
Construction economists find some materials costs, input prices dropping
Fuel, lumber, steel and trucking costs were on the decline while materials like copper, aluminum and concrete rose last month in the latest Associated General Contractors of America analysis.
Soaring home prices juice average US homeowner equity growth
Soaring home prices have pushed up average homeowner equity growth to the highest level in more than a decade, though recent signs of a cooling U.S. housing market point to more moderate gains in the second half of the year.
Portland home prices grow as listings fall
The median sales price for Portland-area homes was $525,000 in August. That was up 16.9 percent compared to a year ago, according to real estate listing service RMLS.
US home prices jump at fastest pace in more than 15 years
U.S. home prices soared in April at the fastest pace since 2005 as potential buyers bid up prices on a limited supply of available properties.
US home construction falls surprising 9.5 percent in April
U.S. home construction fell sharply in April. Economists attributed that partially to builders that delayed projects because of surging lumber prices and other supply constraints.
Builders grapple with land shortage, lumber costs
U.S. homebuilders are poised to benefit this spring homebuying season. But soaring lumber prices and a shortage of construction-ready land could limit their ability to capitalize on strong market trends, analysts say.
US home prices rise 10.1 percent in December, fastest since 2014
U.S. home prices surged at the fastest pace in nearly seven years in December, pushed up by low mortgage rates and Americans moving from urban settings to houses in the suburbs.
Home sales brisk in Portland-metro area, data shows
The median sale price of homes in the Portland-metro area ticked up in October, reaching $410,500.
News
- Multnomah County commits up to $101.6M for Moda Center
- Portland code changes to take effect in November
- 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
- Pacific Northwest projects totaling $10.6 million in top bidders | July 31, 2026
- Many Oregon counties struggling to maintain their fairgrounds
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