The Seattle area has the hottest housing market in the nation

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Single-family home prices grew 12.7 percent in the Seattle metropolitan area in December, capping a 16-month run as the nation’s fastest growing housing market, according to the monthly Case-Shiller home price index. Seattle’s hot streak is the longest since San Francisco’s housing scene exploded during the dot-com bubble in the early 2000s. Washington also leads all states in home price increases, as it has since 2016, according to the Federal Housing Finance Agency. [Seattle Times]