Oregon Insight: housing starts rising – but new arrivals coming faster

Oregon housing construction nearly ground to a halt in the aftermath of the Great Recession, with the number of new homes under construction falling by nearly 80%.

The economic slowdown didn’t stop new residents from moving here, though, and the resulting squeeze was one of the main reasons why house and apartment prices soared at the beginning of this decade.

Source: Oregon Insight: housing starts rising – but new arrivals coming faster – oregonlive.com