Case-Shiller Index for August: Prices Steady and Stable

It’s a surprising thing, that for all the negative news about real estate, the Case-Shiller index shows that home prices have been stable throughout 2011.
Here in Seattle, the index for August is at 137.09, compared to 135.41 for January.

Nationwide, the index is at 142.84, compared to 140.71 in January.

Meanwhile, according to data compiled from (not by) the Northwest Multiple Listing Service, sales in Seattle are up 28% from last August, 684 compared to 533.

 

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