Portland/Vancouver market makes list of top millennial markets

Photo by peter bucks on Unsplash

The National Association of Realtors released their list of the top U.S. housing markets for millennials. The market encompassing Portland, OR and Vancouver, WA made the list! 

World Property Journal

The National Association of Realtors has just released this week the 10 U.S. housing markets with favorable conditions for millennial homebuyers during the coronavirus pandemic.

“Record-low mortgage rates have improved housing affordability, bringing more buyers into the market, and multiple offers for starter homes could become common in these metro areas,” said NAR’s Chief Economist Lawrence Yun. “With relatively better employment conditions and a strong presence of millennials in these markets, more new home construction will be required to fully satisfy the housing demand as the economy reopens.”

Read more: Top 10 Best U.S. Markets for Millennial Homebuyers in a COVID-19 World Revealed