Seattle Area Housing Market Begins to Thaw

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Marc Stiles | Staff Writer, Puget Sound Business Journal

The Puget Sound region’s residential market has delivered some good news to buyers for the first time in years, with the long-constrained supply of for-sale houses and condominiums expanding in a big way.

The Northwest Multiple Listing Service on Tuesday reported the four-county metro area had nearly 10,500 new listings in May, 1,000 more than the same month in 2017.

All of the gain was in pricey King County, signaling that prices are finally high enough to compel owners to sell.

Read the rest of the article: Seattle-area housing market thaws with surge of new home listings

Find the original Puget Sound Business Journal article here.