The Seattle area has notched its sixth straight month as the hottest real-estate market in the country, as prices climb even faster heading into the peak buying season.
The typical single-family house locally cost 12.2 percent more in February than a year ago, the biggest jump in three years, according to the monthly Case-Shiller housing-price index, released Tuesday.
Greater Seattle had the biggest price hike of any metro area in the country. Nationally, home prices jumped 5.8 percent, a 32-month high, and yet local home values grew more than twice as fast as that.
Fastest-rising home prices compared with a year ago
1. Seattle +12.2%
2. Portland +9.7%
3. Dallas +8.8%
4. Denver +8.5%
5. Boston +7.6%
Source: Case-Shiller home price index
From Tacoma to Snohomish County, home values are up big across all price points. But the