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Portland, OR – Recent Figures for New Home Closings Suggest Market Decline is Subsiding

The Portland, OR market saw a drop in new home closings year-over-year in July, but with a percentage decline less harsh than June 2012, there are hints the market may be leveling out. Closings fell 9.0% from a year earlier to 213, relative to a 9.1% decline in June from the year earlier. Read more…

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