Seattle-area home prices fall in January for sixth month in a row

Seattle-area home prices fall in January for sixth month in a row

Home prices in the Seattle metropolitan area fell in January for the sixth straight month, according to the closely watched Standard & Poor’s Case-Shiller index, hitting yet another post-boom low.

The only silver lining for homeowners: the monthly rate of decline, 0.7 percent, was smaller than December’s 1.3 percent. Eleven of the 19 other cities that Case-Shiller tracks had steeper month-over-month price drops.

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