The April 2015 RMLS Market Action report for the Portland metro was just posted today. It covers the home sale data for the previous month – in this case, April. The data shows another drop in inventory in months. This trend has kept us at 2005 inventory levels while we are seeing a significant increase in available listings. The available inventory just can’t keep up with home sales. The results include an increased average price worth noting and low average time on market.