Real estate construction Portland Ore. Buck surface of economic slowdown

The country ports and national economies has had many weaknesses, but was real estate and construction does not seem to them, thanks to low interest rates.

Home owners, it adopted the authorisations for the construction of 8744 houses the single-mother families in the country Portland last year, nearly 10 percent of 7972 permits issued in 2000.

Furthermore, 2001, building permits has produced nearly 2000 in each category of housing and industry, including apartments, garages and local Carp, industrial buildings, public buildings, banks and offices.

The figures come from Cedar City, Utah-based Construction Monitor, traces of building permits cities and counties in 10 western countries.

The number of new houses sold in the Portland area was 4251, nearly 12 percent of 3801 sold during the year 2000, after the Portland-based regional and minority languages Multiple Listing Service.

Provisions of the house and increased turnover has increased by nearly 13 percent to 22771 units in 2001 to 20195 in 2000, said regional and minority languages.

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