Portland's Average Sale Price is UP $24,000 this Week. Are we Still in the Red??

  • The Average Sale Price is showing an Upward Trend since mid-January (blue graph, below) but still remains Below Last Year's aggressive gains (-3%).
  • Interest Rates remained volatile this week bouncing between 6.125% and 5.875%  
  • The Supply of Homes to purchase Remained Flat for the 7th week and Buyer Demand Waned by 6% from last week's high.

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