(function(w,d,s,l,i){w[l]=w[l]||[];w[l].push({'gtm.start': new Date().getTime(),event:'gtm.js'});var f=d.getElementsByTagName(s)[0], j=d.createElement(s),dl=l!='dataLayer'?'&l='+l:'';j.async=true;j.src= 'https://www.googletagmanager.com/gtm.js?id='+i+dl;f.parentNode.insertBefore(j,f); })(window,document,'script','dataLayer','GTM-5WB8HLVL'); Portland Housing Is Rolling on All Cylinders | Hamilton Zanze

Portland Housing Is Rolling on All Cylinders

hamilton-zanze August 26, 2013

Single-family home rents in Portland made another annual leap in July, with median rental prices increasing 3.9% from July 2012 to $1,427. This growth is primarily driven by Portland’s high average apartment occupancy rate of 98%.

Single-family home values and sales prices in Portland are also showing notable gains. Zillow reports that July’s median home price rose 14.9% year-over-year to $253,700, and the Regional Multiple Listings Service announced the average sales price was $326,500.

Read more at Portland Business Journal

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