The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Tuesday, June 3, 2014
Portland Employment Growth a Robust 2.8% Last 12 Months
The City of Portland has seen strong population growth in recent years,
attracting large numbers of adults under age forty. A total of 35 percent of the
total population is between the ages of 20 and 39, noticeably more than
most neighboring communities.
Meanwhile, the Portland region saw robust employment growth of 2.8% over the last 12 months. Portland’s growth is noticeably faster than the US rate and ranks among the fastest growing regions in the US.