
Seattle Housing Market Still Tops Chart As Nation’s Hottest
Home prices continued to climb in Seattle and Portland at some of the fastest rates in the country this year. The latest data show Seattle is still the nation’s hottest market.
According to the Case-Shiller Home Price Index, the price of a typical single family home in Seattle rose twice as fast as the national average this year—nearly 12 percent. In Portland, home prices increased more than 6.5 percent.
David Blitzer is with S&P Global, which oversees the index. He said migration to Seattle and Portland and economic growth are pushing up prices.
“Both cities, but particularly Seattle, have strong economies,” Blitzer said. “The Seattle area is benefiting from a lot of technology development, as well as, I guess, more traditional industry.”
Housing prices rose particularly fast in the West. Las Vegas, Nevada, was the second hottest market, after Seattle. And many cities in California also saw high growth.
Blitzer said he expects interest rates to rise next year and the national housing market to cool.
Seattle real estate agent Sol Villarreal said rising prices come from a combination of factors that cause high demand and low supply, such as rapid migration to the region and not enough condominium construction in Seattle.
“You’re not building enough new units, people are afraid to sell their existing units, so every year the supply-demand imbalance gets a little bit worse,” he said. “We have more buyers into the system and fewer people want to sell their places if they have any option to stay there because they’re afraid of what the market is going to be.”
Related Stories:

Zonas de fans de la Copa Mundial FIFA 2026 emocionan a afición en Tri-Cities y Yakima
Seattle será una de las sedes de la Copa Mundial de la FIFA 2026. Sin embargo, la fiesta del fútbol se extenderá a las comunidades locales, con zonas para aficionados que se instalarán a algunas partes del estado de Washington.

Aquifer discovered in the Cascades could be one of the largest in the world
Scientists examine a large volume spring in young volcanic rocks of the McKenzie River watershed on the west side of the Cascade crest in the Willamette National Forest. It was

FIFA fan zones excite communities in Tri-Cities, Yakima
Seattle is one of the host cities for the 2026 FIFA World Cup. However, the soccer party will extend to local communities, with fan zones coming to parts of Washington state.