Let’s have a look at the latest data from the Case-Shiller Home Price Index. According to March data that was released this morning, Seattle-area home prices were:
Up 1.8 percent April to May
Up 13.3 percent year-over-year.
Up 17.7 percent from the July 2007 peak
Over the same period last year prices were up 1.4 percent month-over-month and year-over-year prices were up 10.7 percent.
Home price growth in Seattle as measured by Case-Shiller show no signs of slowing. Seattle leads the nation yet again in month-over-month and year-over-year home price growth. Thanks, Amazon.