Industry News

Seattle-area home price growth continues to accelerate

Photo by Alex Rosas on Unsplash

Seattle Times | Katherine Khashimova Long

Typically, home sales cool down in early fall. But this has been a year full of exceptions, including in the housing market.

Rather than slow down in September, Seattle-area home prices rose faster year-over-year than they have since 2018, the last time the housing market peaked, according to the latest release of the S&P CoreLogic Case Shiller Home Price Index.

Home prices continued to rise fastest in Phoenix — 11.4%, year-over-year — but Seattle once again charted the second-fastest growth in the nation, at 10.1%, year-over-year. September was the eighth consecutive month Seattle was second to Phoenix in terms of home price growth.

Read the story online here: Seattle-area home price growth continues to accelerate; city still No. 2 in the nation

Related posts

Boise named one of the 10 most livable cities in the U.S. by Curbed

jlspr

April is Fair Housing Month

jlspr

NAR’s snapshot of housing in 2020

jlspr