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.
For yet another month, home prices were squeezed to new heights by a combination of low inventory and high demand. The typical King County home sold for $742,950 last month, the second month in a row of record-setting price growth.