Graph and download economic data for All-Transactions House Price Index for Seattle-Bellevue-Kent, WA (MSAD) (ATNHPIUS42644Q) from Q4 1975 to Q1 2025 about Seattle, WA, appraisers, HPI, housing, price index, indexes, price, and USA.

The S&P Case Shiller Seattle Home Price Index has increased steadily in recent years. The index measures changes in the prices of existing single-family homes. The index value was equal to 100 as of January 2000, so if the index value is equal to *** in a given month, for example, it means that the house prices have increased by ** percent since 2000. The value of the S&P Case Shiller Seattle Home Price Index amounted to ****** in August 2024. That was significantly higher than the national average.

Graph and download economic data for S&P CoreLogic Case-Shiller WA-Seattle Home Price Index (SEXRNSA) from Jan 1990 to Apr 2025 about Seattle, WA, HPI, housing, price index, indexes, price, and USA.

Seattle-Tacoma-Bellevue, WA - Home Price Index (Middle Tier) for Seattle, Washington was 380.53895 Index Jan 2000 = 100 in April of 2025, according to the United States Federal Reserve. Historically, Seattle-Tacoma-Bellevue, WA - Home Price Index (Middle Tier) for Seattle, Washington reached a record high of 393.67089 in April of 2022 and a record low of 57.05312 in January of 1990. Trading Economics provides the current actual value, an historical data chart and related indicators for Seattle-Tacoma-Bellevue, WA - Home Price Index (Middle Tier) for Seattle, Washington - last updated from the United States Federal Reserve on July of 2025.

Graph and download economic data for Home Price Index (High Tier) for Seattle, Washington (SEXRHTNSA) from Jan 1990 to May 2025 about high tier, Seattle, HPI, housing, price index, indexes, price, and USA.

Graph and download economic data for Housing Inventory: Median Listing Price in Seattle-Tacoma-Bellevue, WA (CBSA) (MEDLISPRI42660) from Jul 2016 to Jun 2025 about Seattle, WA, listing, median, price, and USA.

The U.S. housing market has slowed, after ** consecutive years of rising home prices. In 2021, house prices surged by an unprecedented ** percent, marking the highest increase on record. However, the market has since cooled, with the Freddie Mac House Price Index showing more modest growth between 2022 and 2024. In 2024, home prices increased by *** percent. That was lower than the long-term average of *** percent since 1990. Impact of mortgage rates on homebuying The recent cooling in the housing market can be partly attributed to rising mortgage rates. After reaching a record low of **** percent in 2021, the average annual rate on a 30-year fixed-rate mortgage more than doubled in 2023. This significant increase has made homeownership less affordable for many potential buyers, contributing to a substantial decline in home sales. Despite these challenges, forecasts suggest a potential recovery in the coming years. How much does it cost to buy a house in the U.S.? In 2023, the median sales price of an existing single-family home reached a record high of over ******* U.S. dollars. Newly built homes were even pricier, despite a slight decline in the median sales price in 2023. Naturally, home prices continue to vary significantly across the country, with West Virginia being the most affordable state for homebuyers.

Graph and download economic data for Housing Inventory: Median Listing Price in King County, WA (MEDLISPRI53033) from Jul 2016 to Jun 2025 about King County, WA; Seattle; WA; listing; median; price; and USA.

Graph and download economic data for All-Transactions House Price Index for Pierce County, WA (ATNHPIUS53053A) from 1975 to 2024 about Pierce County, WA; Seattle; WA; HPI; housing; price index; indexes; price; and USA.

In June 2025, a single-family house in Oak Bay cost **** million Canadian dollars. Oak Bay was the most expensive suburb in Victoria, British Columbia, followed by Highlands and North Saanich. Victoria: an overview Victoria is the capital city of the province of British Columbia. The city is located south of Vancouver, and across the U.S. border from Seattle. In 2020, the average home price in Victoria was ****million Canadian dollars, which placed the city as the sixth most expensive Canadian city for residential real estate. Home affordability in Canada Housing affordability is, undoubtedly, one of the biggest barriers to homeownership in Canada. In 2025, the ratio of homeownership costs to income was **** percent. Nevertheless, more expensive locations in the country had a higher ratio, with Vancouver exceeding ** percent, suggesting that on average, mortgage payments were slightly lower than the average income.

Graph and download economic data for Housing Inventory: Average Listing Price in Pierce County, WA (AVELISPRI53053) from Jul 2016 to Jun 2025 about Pierce County, WA; Seattle; WA; average; listing; price; and USA.

Graph and download economic data for Housing Inventory: Median Listing Price in Pierce County, WA (MEDLISPRI53053) from Jul 2016 to Jun 2025 about Pierce County, WA; Seattle; WA; listing; median; price; and USA.

In the first quarter of 2025, San Francisco, Chicago, New York, and Honolulu were some of the U.S. cities with the highest housing construction costs. Meanwhile, Phoenix had one of the lowest construction costs for high-end multifamily homes at *** U.S. dollars per square foot and Las Vegas for single-family homes between *** and *** U.S. dollars per square foot. Construction cost disparities As seen here, the construction cost for a high-end multi-family home in San Francisco in the first quarter of 2024 was over ***** more expensive than in Phoenix. Meanwhile, there were also great differences in the cost of building a single-family house in New York and in Portland or Seattle. Some factors that may cause these disparities are the construction materials, installation, and composite costs, differing land values, wages, etc. For example, although the price of construction materials in the U.S. was rising at a slower level than in 2022 and 2023, several materials that are essential in most construction projects had growth rates of over **** percent in 2024. Growing industry revenue Despite the economic uncertainty and other challenges, the size of the private construction market in the U.S. rose during the past years. It is important to consider that supply and demand for housing influences the revenue of this segment of the construction market. On the supply side, single-family home construction fell in 2023, but it is expected to rise in 2024 and 2025. On the demand side, some of the U.S. metropolitan areas with the highest sale prices of single-family homes were located in California, with San Jose-Sunnyvale-Santa Clara at the top of the ranking.

Graph and download economic data for Housing Inventory: Median Listing Price in Snohomish County, WA (MEDLISPRI53061) from Jul 2016 to Jun 2025 about Snohomish County, WA; Seattle; WA; listing; median; price; and USA.

Graph and download economic data for Consumer Price Index for All Urban Consumers: Rent of Primary Residence in Seattle-Tacoma-Bellevue WA (CBSA) (CUURA423SEHA) from Dec 1914 to Jun 2025 about Seattle, primary, rent, WA, urban, consumer, CPI, inflation, price index, indexes, price, and USA.