HUD Market Conditions Report Has LIHTC Database Summary, Some Other Oregon Housing Data.

HUD LIHTC database summary and stats starts on page 6 HERE.

(Table of contents for issue is on page 2; Lot of tables showing housing data begin on page 62; Index for 2009 quarterly reports starts on page 95).

Some other Oregon housing data from report:

• In Oregon, during the 12 months ending March 2010, according to data from the local multiple listing services, the number of new and existing single-family homes sold in the 11 largest markets totaled approximately 42,600, a 14-percent increase compared with the number sold during the previous 12 months. During the same 2010 period, the average price decreased by 11 percent to $249,000. In the Portland-Vancouver-Beaverton, Oregon-Washington metropolitan area, the number of new and existing homes sold totaled 24,300, up 16 percent compared with the number sold during the 12 months ending March 2009, but the average price decreased 11 percent to $272,800.

• In Oregon, 1,285 multifamily units were permitted, 2,160 fewer than the number permitted during the 12 months ending March 2009.

• In the Portland-Vancouver-Beaverton metropolitan area, rental housing market conditions were slightly soft as of the first quarter of 2010. According to Reis, Inc., the apartment vacancy rate was 6.4 percent, up from the 5.9-percent rate recorded in the first quarter of 2009. The average rent decreased 1 percent to $815 over the same period.
  

Originally created and posted on the Oregon Housing Blog