Home values in Seattle continued their steady ascent in April, according to the latest Case-Shiller national home price report. Seattle’s residential real estate saw a 12.9 percent year-over-year price increase, making it the nation’s fastest-growing city for home prices for the eighth month in a row.
Seattle isn’t the only Northwest city with a red-hot housing market. Portland’s home prices are the second fastest-growing in the country, with year-over-year gains of 9.3 percent in April.
Both Seattle and Portland far outpaced national home value increases which saw an annual gain of 5.5 percent in April.