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Portland, OR – Freshest New Home Sales Increase Year-Over-Year in February After Falling Year-Over-Year in January

In the Portland, OR market, new home sales increased year-over-year in February, snapping back from a drop in January 2012. New home sales rose by 2.8% in February 2012 from a year earlier, after sales saw a 17.8% drop in January from the year earlier.

A total of 2,634 new homes were sold during the 12 months that ended in February, up from 2,629 for the year that ended in January. Read more…

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