Nov 30

Seattle area home prices are still marching forward

Another post-bubble record increase

Prices were up 4.8 percent from September 2011, setting yet another post-bubble record. August’s 3.4 percent year-over-year gain had been the previous high.

Prices increased in 13 cities between August and September, led by 1.4 percent increases in Las Vegas and San Diego.

“It is safe to say that we are now in the midst of a recovery in the housing market,” said David Blitzer, chairman of the Index Committee at S&P Dow Jones Indices.

Seattle-area prices increase year-over-year for five straight months

The numbers are for the Seattle metropolitan area — King, Snohomish and Pierce counties.






Seattle Times, November 29, 2012

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