Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to February data that was released this morning, Seattle-area home prices were:
Up 1.9 percent January to February
Up 12.2 percent year-over-year.
Up 10.0 percent from the July 2007 peak
Over the same period a year earlier prices were up 1.1 percent month-over-month and year-over-year prices were up 10.7 percent.
Seattle home prices as measured by Case-Shiller shot up yet again to a new all-time high in February.