Price of already-built homes in Seattle area drops


SEATTLE TIMES: The housing market in King, Snohomish and Pierce counties fell 0.2 percent in September.

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SEATTLE TIMES: The housing market in King, Snohomish and Pierce counties fell 0.2 percent in September.

On an annual basis, the average price rose 6 percent, the lowest gain since October 2012. September marked the seventh consecutive month of diminishing price gains, a stark contrast from 2013’s double-digit price appreciation.

Average prices in the 20-city index were flat over the month and increased 4.9 percent over the year. September was the tenth consecutive month of slowing price gains in the 20-city index.

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