Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to July data that was released this morning, Seattle-area home prices were:
Up 0.6 percent June to July
Up 11.2 percent YOY.
Up 5.9 percent from the July 2007 peak
Over the same period last year prices were up 0.4 percent month-over-month and year-over-year prices were up 7.2 percent.
The Seattle area’s Case-Shiller home price index hit yet another new all-time high in July, and turned in stronger numbers than a year ago across the board. Again. This matches with the July data we’ve already seen from public records and NWMLS.