Seattle home prices reach new highs in May

Home-price growth remained in double digits for the 10th straight month in May as inventory lows pushed the median listing prices up 15.2% from last year. But there’s good news for those looking for a home in this competitive market — the rate of price growth moderated for the second time in 13 months.

Realtor.com’s Monthly Housing Trends Report found median home prices across the country continued to appreciate by double digits in May, reaching a new high of $380,000.

The median list price of a home in Seattle grew 11.5% from last year to $680,000…Read More

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