Posts tagged Los Angeles
Seattle's 18-Month Ride is Still Far from Over

Now halfway into its second year, Seattle’s nationwide lead on the S&P CoreLogic Case-Shiller Home Price Index is once again widening on a monthly basis. Gains that seemed to be slipping away last summer have rebounded, with February’s monthly increase exceeding that of January by 1.74 percent to 0.72 percent, for a 12-month average gain of one percent per month.

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Seattle Home Prices Still Leading Year-Over-Year, But Inch Downward for a Second Month in a Row

S&P/Case-Shiller’s Home Price Index for October 2017 showed the Seattle Metropolitan Area as remaining 12.7 percent higher than twelve months ago, and continuing to lead all Pacific Coast gateway cities as well as cities across the nation. However, this was the second straight month in which the Seattle index declined on a monthly basis, although by a shallower percentage (-0.07%) than the -0.28% seen in September. October’s decline appears to confirm the end of the historic 31-month streak of continuous price growth in the Puget Sound region, even while it retains its nationwide lead for a 14th consecutive month.

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