The latest S&P Case-Shiller Home Price Index—which outlines home price trends from November 2018—shows growth restoring in Seattle, as the Emerald City was restored to the top three regions leading the U.S. for residential home price growth.
Read MoreFollowing the release of the latest S&P Case Shiller Home Price Index, the Seattle Times once again proclaimed the decline of residential home prices in the Seattle metropolitan area. Contrary to headlines, however, trendlines give way to a more nuanced story. Some are using the Case Shiller Index to reinforce misleading growth reports, so let’s have a look at the data used to calculate the Index and compare it to results gathered from sales data in the Northwest Multiple Listing Service (NWMLS).
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