Industry News Market Update Real Estate Trends Uncategorized

Seattle-area home market accelerates, leading U.S. for 17th straight month

Photo credit: Seattle Times

 

Mike Rosenberg | Seattle Times 

Seattle kicked off 2018 the same way it spent the prior year and a half, as the hottest real estate market in the country, with no slowing down.

The cost of the typical single-family house across the Seattle metro area grew 12.9 percent in January from a year earlier, according to the monthly Case-Shiller home price index, released Tuesday.

It’s the 17th month in a row that Seattle has led the country in home price increases. That’s a record for Seattle and the longest streak for any metro area since San Francisco’s 20-month run that ended in 2001.

Seattle-area home market accelerates, leading U.S. for 17th straight month _ The Seattle Times

Related posts

JLS Broker Christopher Cruz in Northwest Asian Weekly

jlspr

Canada bans foreign home buyers for two years to cool market

jlspr

How to capture the attention of affluent international buyers

jlspr