Real Estate

Read the latest news about residential and commercial real estate in the Seattle area and Pacific Northwest. Topics include home sales and prices; rent and mortgage rates; apartment, condo and single-family housing markets; development, skyscrapers, construction and office space; and affordable housing issues. Some of the players in the marketplace include Vulcan, Zillow, Redfin and Case-Shiller.

Seattle housing market tops nation in bidding wars and price gains

A sign promotes a newly-sold home Tuesday, Jan. 25, 2011, in Seattle. Home prices are falling across most of America’s largest cities, and average prices in eight major markets have hit their lowest point since the housing bust. The Standard & Poor’s/Case-Shiller 20-city home price index released Tuesday fell 1 percent in November from October. Eight cities, including Seattle, sank to their lowest levels since prices peaked in 2006 and 2007. (AP Photo/Elaine Thompson)

Price gains for homes here have led the nation every month since September, and now the local market is also the most competitive in the country.

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