Sizzling weather barely cools June housing market in S.W. Washington
Home prices continue to rise as record demand exceeds supply
Published: July 15, 2021, 3:27pm
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3 Photos New homes are under construction at Kennedy Farm in Ridgefield on Tuesday morning. Clark County s housing market inventory remains at almost record-low levels despite an influx of new listings in June. (Amanda Cowan/The Columbian) Photo Gallery
The Southwest Washington housing market stayed hot in June, with an influx of new listings balanced out by a surge in closed sales, according to the latest report from the Regional Multiple Listing Service.
Local real estate agents noted that June’s numbers were likely held back slightly by lower sales activity in the final week of the month due to the unprecedented heat wave that scorched the Portland region.
Lack of inventory stymies Clark County housing market
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Clark County housing inventory a bit better
But demand still outweighs supply as prices climb
Published: February 16, 2021, 6:04am
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3 Photos New homes under construction in the Parkers Abby development in Vancouver in January. Clark County s housing market is experiencing record high demand, with bidding wars on virtually every listed property. (Amanda Cowan/The Columbian) Photo Gallery
Clark County finally saw a slight improvement in its supply-constrained housing market situation in January, according to the latest report from the Regional Multiple Listing Service.
Southwest Washington’s inventory in months a measure of how long it would take to sell through the existing supply of houses on the market rose from 0.6 in December to 0.8 in January. That’s still a near-record low, but it’s the first time the number has increased since August.
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’s housing shortage continues
Published: December 14, 2020, 3:47pm
Share: A sign in front of a home for sale in Salmon Creek. (Amanda Cowan/The Columbian)
Clark County’s constrained housing supply shows no signs of loosening, according to the latest report from the Regional Multiple Listing Service.
Despite a seasonal slowdown in market activity, year-over-year sales remain elevated but the same can’t be said for new listings.
Pending sales fell 23.5 percent, from 982 in October to 751 in November, but remained 7.6 percent higher than the 698 accepted offers in November 2019. Closed sales fared similarly, falling 13.7 percent from the 956 in October to 825 in November, but rising 21.1 percent over the 681 closings a year ago.
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