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Many Portland area-residents would need to double their income to afford a home

Annual Report Forecasts Home Prices and Rents to Cool Amid Rising Rates and Production Increases

Annual Report Forecasts Home Prices and Rents to Cool Amid Rising Rates and Production Increases
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Harvard study finds home prices to cool, but low-income still struggle

CAMBRIDGE, MA – After a record-shattering year in 2021, the housing market is at an inflection point. Higher interest rates have taken some heat out of the home buying market, and a large number of apartments under construction should bring some relief on the rental side.

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