Home prices go up in Portland: Wednesday business news roundup
Published: Wednesday, June 27, 2012, 7:35 AM Updated: Wednesday, June 27, 2012, 7:36 AM
Home prices: The latest Case-Schiller index numbers came out and Elliot Njus reports that home prices took a turn for the better in Portland and in much of the rest of the country in April, adding to hopes that the worst — which would be just a month earlier — might be behind us.
Here’s some more business highlights from The Oregonian:
Port of Portland: Brent Hunsberger reports that a labor dispute at the Port of Portland that has disrupted shipping traffic in the Pacific Northwest for weeks entered a new phase Monday, as the sides started negotiations and the last international container ship likely to visit the city for some time left.
Beer industry: John Foyston reports, via The Oregon Brewers Guild, that Oregon’s breweries crafted 1,168,000 barrels of beer (or roughly 290 million pints) during 2011, a 7.5 percent increase from the previous year.
More housing: Keying off the Case-Schiller numbers, Njus also has a roundup of the latest housing and development news.
Separately, Njus reports that Portland-area homebuilders, anticipating brighter days ahead, pulled permits for 73 percent more homes in May than the same month a year ago.