Seattle Housing Prices Increasing According to Case-Shiller

Stickman Chart Explaining increasesSeattle is one of a number of cities that showed a year-over-year sustained recovery in home prices according to the monthly S&P/Case-Shiller Home Price Indices released today. S&P/Case-Shiller Home Price Indices, the leading measure of U.S. home prices, showed home prices rose in the 20-City Composite an average of 4.3% in the 12 months ending in October, out-distancing analysts forecasts. If fact, Seattle outpaced the average of the 20-City Composite by increasing 5.7%!

2012-10 Case-Shiller Report Chart
This report report points out that while there are still some weak points, the national composite prices have risen to their autumn 2003 levels for both the 10-City and 20-City Composites. There is still a long way to go, but this up significantly from their early 2012 lows.

Link to S&P/Case-Shiller raw data: