Experts: Local Housing Market Stabilizing

The ColumbianMay 24, 2007

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Summary


Housing markets in Clark County and the Portland metro area strengthened in March as the glut of houses for sale declined.

According to RMLS, a Portland-based multiple listing service, the inventory of new and pre-owned houses for sale in Clark County dropped from a peak of 9.7 months in January to a seven-month supply last month. That was also an improvement over February's 7.8 months.

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Experts: Local Housing Market Stabilizing

The median price of homes sold through the multiple listing service here increased last month to $26...

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