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Washington housing market improves in 2nd quarter of 2014

Washington State’s housing market showed improvement over its first quarter performance, according to a new report from the Washington Center for Real Estate Research here at the Runstad Center.  However, year-over-year sales activity is still down across the state.

Runstad Center director Stephen O’Connor explains that while most economic statistics are reported at seasonally adjusted annual rates, these are not forecasts of future activity.  He further discussed the Center’s findings with UW Today.

Here’s a preview of the data, in our Q2 2014 Snapshot.  The full report, now available to subscribers, will be posted online when the third quarter report snapshot is released.  If you’d like to become a subscriber, please contact wcrer@uw.edu.