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.

Suburbs far outpace urban areas in U.S. home value growth

New homes at the Cielo at Sand Creek by Century Communities housing development in Antioch, California, in March 2022. (Bloomberg photo by David Paul Morris)

The urban real estate market has been running hot in the United States since last summer. But the suburbs have been even hotter, according to an analysis from Zillow.

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Home sale pending sign  house for sale. (Dreamstime/TNS)

U.S. home sales tumbled in April

Sales of previously occupied U.S. homes slowed in April for the third month in a row as mortgage rates surged, driving up borrowing costs for...