realestate

Portland Real Estate Market Sees Increased Listings Amid Ongoing Competition

More Portland house hunters are searching, but financial challenges may deter some.

P
ortland's housing market may be gearing up for its busiest season in years, as buyers adapt to high mortgage rates and a surge of available homes keeps prices stable. New listings in the Portland area jumped 10% in March compared to the same month last year, with nearly 2,700 properties hitting the market. This influx of inventory is helping to temper price growth, making it an attractive time for homebuyers to enter the market.

Portland real estate market with increased listings amidst competitive housing landscape.