Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to August data that was released this morning, Seattle-area home prices were:
Up 0.5 percent July to August
Up 11.4 percent YOY.
Up 6.5 percent from the July 2007 peak
Over the same period last year prices were up 0.3 percent month-over-month and year-over-year prices were up 7.6 percent.
Surprising no one, Seattle home prices as measured by Case-Shiller hit another new all-time high in August.