Seattle area home price growth snap shot:
- Seattle tops the nation in home-price growth for 11 straight months
- Seattle Metro area saw home prices surge 13.5% between July 2016 to July 2017
- Last time we saw a surge in home values like this was in 2006 when prices grew more than 18% at times
- Seattle home values are rising nearly 3 times faster than the historical average of 4.8% annual growth
- Home values have surged 79% since the market bottom in 2012
- Prices are up 20% since the old peak in 2007
Source: Seattle Times