Oregon

Portland-area home sales rebounded in October after a slow September, but the housing market remains sluggish compared to a year ago.

The typical Portland-area home is out of reach for a median-wage family, new home-sale figures show.

For the first time in a year and a half, Washington is no longer the state with the hottest housing market in the country, though not because homes here have suddenly become cheap.

Portland-area home prices jumped 6.7% in March compared with a year earlier, according to the S&P CoreLogic Case-Shiller home price index.

Portland-area home prices pushed further into record territory in February, but their growth slowed to the lowest level in more than two years.

The Portland area's housing market fell into in a familiar pattern in March, with strong demand undercut by a slim supply of homes on the market.

Home sales took off in the Portland area last month, perhaps as buyers tried to get ahead of rising mortgage rates.

Thanks to low mortgage rates, homes in most metros are actually more affordable today than they were in 1990.

The rise in Portland-area home prices slowed through 2017, new figures show.

Homebuyers are most likely to slow their purchases or stay on course if mortgage rates rise above a certain benchmark, but some could act more quickly or drop out.