Home prices keep falling in Seattle, October index shows
Any momentum that the beleaguered Seattle housing market might have built up over the summer seems to have evaporated, according to a closely watched index of home prices.
The Standard & Poor’s/Case-Shiller index, released Tuesday, showed that prices in Seattle slipped an additional 1 percent in October from September, bringing the local index back down to where it was this spring…
… But Seattle wasn’t alone: Home prices fell in October in 19 of the 20 major cities tracked by the Case-Shiller index. And the October decline locally was a bit less than the 1.2 percent average drop.