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Washington housing market remains strong in 1st quarter of 2015

Washington state’s housing market was strong in the first quarter of 2015, with both sales and new building permits up compared with a year ago and the market remaining largely affordable, according to a new report from the Washington Center for Real Estate Research here at the Runstad Center.  Housing affordability for all buyers statewide continued to rise in the first quarter; however, affordability varied widely across the state.

The Center’s findings were discussed further with UW Today.

Here’s a preview of the data, in our snapshot for Q1 2015.  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.