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| Sponsored by Quicken Loans |
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| Home Prices: Is Seattle Setting a Trend? |
| By Suzanne De Vita |
Home prices remain on the rise, but in declining increments—and in one market, annual gains recently reversed trend, according to the latest S&P CoreLogic/Case-Shiller Indices. In May, home prices rose 3.4 percent year-over-year, according to Case-Shiller's National Index, accounting for the nine Census-designated regions. In April, the Index posted 3.5 percent. In the country's 20 major markets, home prices rose 2.4 percent year-over-year, and in the 10 major markets, rose 2.2 percent. According to Philip Murphy, S&P's global head of Index Governance and managing director, appreciation continues to rein in, but with local nuances. For instance, in Las Vegas and Phoenix, the pace of prices remains strong, but in Seattle ...
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So you're all fired up to make some changes around the house this season? Good!
