New home listings in Southwest Washington see biggest late-year surge amid spike in demand
Published: January 15, 2021, 6:01am
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5 Photos Marco Perez of Tapias Landscaping, right, works in the front yard of a home under construction in the Parker s Abby development in Vancouver on Tuesday. New home construction is booming in Vancouver, but the region still faces a housing supply crunch. Below, signs mark two homesites that have been sold at the Stonehaven development in Vancouver. (Photos by Amanda Cowan/The Columbian) Photo Gallery
Southwest Washington’s housing market closed out 2020 with a strong December, posting seasonally high sales that exceeded those of the prior year and drove inventory levels to yet another record low even as new listings also saw year-over-year gains. That’s according to the latest report from the Regional Multiple Listing Service.
Clark County home construction booming amid pandemic
Published: December 31, 2020, 6:01am
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4 Photos A worker signals to another as they finish the foundation for Lot 21 of the Felida Overlook, a Ginn Group housing development. Vancouver is on track to issue about 65 percent more single-family home construction permits in 2020 than in the prior year, a surge fueled by a white-hot real estate market. (Joshua Hart/The Columbian) Photo Gallery
Despite the COVID-19 pandemic or perhaps, because of it Vancouver is experiencing a major housing market boom. Prices are rising, demand is outpacing supply and the city is on track to issue about 65 percent more single-family construction permits this year.