May 2011 – Case/Shiller Index at Five Month High.

The numbers are just out for May, and Seattle home values apparently were up 1.05% from April, 2.79% from the February low.

The index for Seattle is at 136.56. This is down 7.0% from May of 2010, and down 29.0% from the peak of July 2007.

May was an “up” month in 17 out of the 20 markets surveyed; nationwide, the index was up 1.28% from April and down 6.58% from last year.

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