Seattle Real Estate in April: Sales unchanged YoY, Inventory up 124% YoY from Low Levels

The Northwest Multiple Listing Service reported Northwest MLS Housing Report for April Signals Good News for Home Buyers Housing activity during April signaled good news for buyers in Western Washington as inventory continued to grow, the rate of price increases was slowing in many areas (and even decreasing in a few counties), and mortgage rates remained low. Northwest Multiple Listing Service statistics for last month show a 28.5 percent overall increase in active listings compared to the same month a year ago , a 5.8 percent gain in pending sales, and a 2.4 percent rise in median prices......(read more)

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