Real Property Associates Blog

Seattle Tops the Housing Market Rankings Again

Written by Victoria Ormsby | Feb 1, 2017 1:42:22 AM

http://www.seattletimes.com/business/real-estate/seattle-chugs-along-as-americas-hottest-home-market-despite-slowing-a-bit/

As written in the Seattle Times:

Even as local home-price gains slowed for the fourth straight month, the region still had faster growth than anywhere else in the country.

 

Seattle’s home-price increases keep surging ahead of the rest of the nation even as the local housing market is showing a clear trend of slowing a bit.

Across Greater Seattle, the typical single-family house cost 10.4 percent more in November than a year ago, the biggest increase of any metro area in the country, according to the Case-Shiller home-price index released Tuesday.

It’s the third straight month that the Seattle area led the nation as the hottest housing market after a nine-year stretch without being on top.