King County Home Prices Continue to Rise

Home prices continued to rise in the Northwest in July, hitting nearly 20% increases in some areas, according to the latest report from Northwest Multiple Listing Service.

Home prices increased an average 9% in the Northwest area in July, according to the report, which covers 23 counties in and around Washington state. However, some counties near high job-growth areas saw even higher increases. King County, for example, saw its median home price jump 18.6% from last year.

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