Seattle home prices drop in latest report
Puget Sound Business Journal
Date: Wednesday, November 30, 2011, 6:31am PST
Seattle home prices are down 6.5 percent from a year ago – worse than average for the U.S., according to the S&P/Case-Schiller Home Price Indices.
Nationally, home prices fell an average of 3.6 percent in 20 cities tracked by the Case-Shiller Index. In Seattle, prices fell on a month-to-month basis as well. They dropped 1.1 percent between August and September, compared with 0.3 percent between July and August.