Oregon Business reports Multnomah County was ranked first in Oregon for incoming investment for the first time in six years. Portland also registered a 126% annual increase in multifamily sales volume in 2021, with the third-highest population growth of any Northwest city that year.
The article quotes state economist Josh Lehner saying the high population growth is indicative of recovered and growing demand for housing in the region. However, Lehner cautions, new building permits have declined, which he points to as the biggest concern for the city's recovery.
Read more at OregonBusiness.com.
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