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Nationally Seattle Tied for 2nd Longest Home Price Streak Increase

Photo by Timothy Eberly on Unsplash

Mike Rosenberg | Seattle Times

Greater Seattle has now led the nation in home price increases for 20 months in a row, tied for the second-longest streak.

The cost of a single-family home across the metro area grew 13.1 percent in April compared to a year ago, according to the monthly Case-Shiller home-price index, released Tuesday. It’s about the same growth the region has experienced consistently for a while, month after month after agonizing month for buyers.

The increase barely outpaced Las Vegas, where prices grew 12.7 percent, and San Francisco, where home values rose nearly 11 percent.

Seattle has been the hottest housing market in the country since September 2016. Since then, home prices here have grown about $200,000 — about eight times the national average.

Read the rest of the article here: Seattle’s nation-leading streak in home-price increases now tied for 2nd longest on record

Find the original article here

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