Seattle leads home price increases nationwide for the 17th month in a row

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The average price of single-family homes in the Seattle area was up 12.9 percent in January from the year before, The Seattle Times reported. That marks the 17th month in a row that the city lead the country in home price growth and the Times notes that it’s the longest streak for any metro area since San Francisco enjoyed a 20-month lead in 2001. The current median price of a Seattle home is at an all-time high of $777,000. [Seattle Times]