Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to April data that was released last week, Seattle-area home prices were:
Up 2.7 percent March to April
Up 13.1 percent year-over-year.
Up 30.8 percent from the July 2007 peak
Over the same period last year prices were up 2.6 percent month-over-month and year-over-year prices were up 12.9 percent.
Seattle still leads the nation in both year-over-year and month-over-month home price growth. Seattle has had the highest year-over-year price growth since September 2016. The only other metro areas with double-digit price growth from a year earlier in April were Las Vegas at 12.7 percent and San Francisco at 10.9 percent.