US construction spending inches up in May, but homebuilding weak
U.S. construction spending rose slightly in May amid higher mortgage rates, with declines in single-family housing and factory construction.
Mortgage rates inch higher but remain near 2025 low
U.S. mortgage rates rose for the third consecutive week recently. The 30-year rate sits at 6.26 percent as easing Treasury yields and Fed policy shape the outlook.
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.
Mortgage rates hit 10-month low, helping prospective buyers
The average rate for a 30-year U.S. mortgage has dipped, giving a sorely needed boost in purchasing power that could help inject life into a stagnant housing market.
Investors increasing their ownership of U.S. homes
While high mortgage rates and prices have pushed traditional buyers out of the housing market, investors have taken advantage, a new report shows.
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.
Home renovation spending rises despite economic fears
U.S. homeowners boost renovation spending as home sales stall. Aging homes and high mortgage rates drive demand for repairs despite rising costs.
News
- Multnomah County commits up to $101.6M for Moda Center
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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
- Pacific Northwest projects totaling $10.6 million in top bidders | July 31, 2026
- Many Oregon counties struggling to maintain their fairgrounds
Commentary
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- When does an employee’s bullying become harassment? | Opinion
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- Clarifying the reach of a law regarding prevailing wage | Opinion
- Adjust to legal changes now to ensure compliance later | Opinion















