Growth in U.S. home prices picked up again in February.
A measure of prices in 20 U.S. cities soared 20.2% from a year earlier, up from the 18.9% annual increase in January, the S&P CoreLogic Case-Shiller index showed Tuesday. All 20 cities saw double-digit price increases, with Phoenix, Tampa and Miami reporting the biggest year-over-year jumps.
Prices in the Seattle area were up 26.6% from a year earlier, the seventh biggest year-over-year jump among the cities the index tracks.
And February marked the beginning of the typically busier spring market, with Seattle-area prices up 4.4% from January, the biggest month-to-month jump since last spring. The index reflects single-family home sales in parts of King, Snohomish and Pierce counties.
Source: Seattle Times
See link below for the full article.
https://www.seattletimes.com/business/home-price-appreciation-accelerates-again-in-20-u-s-cities/
