Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to November data that was released this morning, Seattle-area home prices were:
Up 0.6 percent December to January
Up 11.3 percent year-over-year.
Up 7.9 percent from the July 2007 peak
Over the same period a year earlier prices were up 0.1 percent month-over-month and year-over-year prices were up 10.5 percent.
Seattle home prices as measured by Case-Shiller inched up yet again to a new all-time high in January.