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Washington home sales surged, affordability declined in third quarter

Washington state’s housing market continued to strengthen in the July-September quarter, registering the fifth quarterly consecutive improvement in home sales activity, according to Glenn Crellin, director of the Washington Center for Real Estate Research here at the Runstad Center.   Similarly, median home prices throughout the state advanced, while the affordability of homes dropped measurably.

The Q3 snapshot is now available: Snapshot _WSHM Q3 2013

UW Today also has full coverage of the story.  We expect to have the full report available to subscribers in a few weeks.  Interested in subscribing?  Please contact wcrer@uw.edu.