Industry News Market Update Real Estate Trends

18 months strong: Seattle’s lead in the market holds

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Zosha Millman, SeattlePI

Another month strong by Case-Shiller’s Home Price Index. How does it feel, Seattle?

By the latest Case-Shiller report, Seattle led the way again in February (the most recent month for which data was available) with a 12.7 percent year-over-year increase.

We were once again trailed by Las Vegas (11.6 percent) and San Francisco (10.1 percent), and well above the national average of 6.3 percent.

Which is no surprise to those within the region; our market certainly feels “hot” and you can feel that almost anywhere in the area.

Click here to read the Seattle PI article. For more of a national perspective on the Case-Shiller Home price index numbers released on April 24, refer to this Inman article: Home Prices Rise Again For 70th Month In a Row, No Signs Of Stopping.

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