Industry News Market Update Real Estate Trends

Seattle extends streak as nation’s hottest housing market to 15 months

Steve Ringman / The Seattle Times

Mike Rosenberg | Seattle Times

The Seattle area has now led the nation in home price increases for 15 months in a row, the longest streak for any region since 2001. And the mild slowdown in price increases recorded in some recent months has already come to an end. Single-family home prices across the metro area grew 12.7 percent in November from a year prior, according to the monthly Case-Shiller index, released Tuesday.

…Seattle’s 15-month stretch as the nation’s hottest housing market is the longest since San Francisco led the country for 19 months during the dot-com bubble from 1999 to 2001. During the housing bubble before the recession last decade, Phoenix had led the country for 14 months in a row.

Click here to read full article.

Related posts

NAR forges partnership with LGBTQ+ Real Estate Alliance

jlspr

RISMedia launches Real Estate Rookie of the Year award

jlspr

23-year-old buys Tukwila home with cryptocurrency

jlspr