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WCRER releases Q2 2013 Housing Market snapshot

The Washington Center for Real Estate Research, housed at the Runstad Center, has just released the snapshot of the Washington State Housing Market report for 2nd quarter 2013: WSHM Snapshot, Q2 2013.

Washington state’s housing market continued to advance in the April-June quarter, with four consecutive monthly improvements in home sales activity. Median home prices rose statewide, while home affordability dipped a bit.  The report has garnered considerable media attention, with recent mentions in Business Week, the DJC, the Seattle P-I, the San Luis Obisbo Tribune, Yahoo News, and UW Today, among others.

The full report is expected to be released to subscribers in the next couple of weeks.  If you’d like to subscribe, please contact the WCRER at, or visit the website:

Glenn Crellin talks to KUOW about rising rents in Seattle

Glenn Crellin, the Runstad Center’s Associate Director for Research, talked with KUOW last week about rising rents in Seattle and what they say about the economic health of our city.  Seattle has added nearly 2,000 apartments this year, but rents have gone up. The average renter in King and Snohomish counties now pays $1,190 dollars a month, a 5.8 percent increase over the past year. So what’s driving the skyrocketing rent prices? Click here to listen to Glenn’s conversation with KUOW’s Marcie Sillman: