Nationally, the index posted its highest annual increase ever.

Soaring home prices and markedly diminished inventory are suppressing housing affordability for many nationwide.

Nevertheless, home prices are expected to continue rising through the end of the year, according to the National Association of REALTORS®. 

With suburban home value growth surpassing that of urban homes, the most popular areas appear to be outside the city. Which Seattle suburbs are the hottest?

Seattle rated in the top 10 for electric vehicles, vegan options, public transportation and emissions.

The rate of new single-family home sales fell 16.6% from March’s revised number, while the median sales price jumped to $450,600 from March’s revised median house price of $435,000. 

Seattle’s median home price hit a new high, while total transactions and inventory improved from month to month.

Compass made its debut on the Fortune 500 today, becoming one of the youngest companies to make the list.

The COVID stimulus-fueled real estate market frenzy is over, and now things are downshifting to what’s considered a strong market.

The inventory of unsold homes increased in April, while the median existing-home sales price rose, according to the National Association of REALTORS®.

“Builders are responding to higher mortgage rates and are chasing rising rents, with fewer homebuyers and more renters being forced to renew their leases.” — NAR Chief Economist Lawrence Yun 

Seattle scored extremely well for the local job market and had good marks on quality of life and desirability.

The release of the monthly survey from the National Association of Home Builders comes as the Biden Administration unveiled a housing-supply action plan that aims to boost the supply of affordable apartments and new homes. 

The Tax Foundation’s ​​2022 State Business Tax Climate Index ranked Washington 15th on its list. Wyoming was No. 1 and New Jersey was last.

The rate of Hispanic homeownership is steadily increasing, new data from The National Association of Hispanic Real Estate Professionals shows. With 8.8 million Hispanic-owned households, more than 48% of Latinos now own homes, reflecting a continual rise since 2014.

The grant will be used for the upcoming Housing Issues Briefing for elected officials and policymakers.