Seattle home prices rose 2.6 percent from April to May, in line with a national trend that lifted prices in all 20 metropolitan areas tracked by the closely watched Standard & Poor’s/Case-Shiller home-price index.
It was the second monthly increase for Seattle-area home prices after seven straight months of decline, putting local prices just 0.6 percent higher than they were a year ago.
The local increase exceeded the average rise of 2.2 percent across the 20 metro areas. In the previous period, from March to April, Seattle prices rose 2.0 percent, according to Case-Shiller.
Seattle home prices up 2.6% in May; second monthly rise in row ~ Seattle Times
July 2012 Housing Market Update ~ Gardner Economics
No sign yet of mortgage rules loosening ~ Seattle Times
State seizes Tukwila escrow company, citing ‘suspicious transactions’ ~ Puget Sound Business Journal
Gov’t bars Fannie-Freddie from reducing principal ~ Seattle Times