Washington state’s housing market remained strong in the third quarter of 2016, according to the UW’s Runstad Center for Real Estate Studies.


Washington state’s housing market remained strong in the third quarter of 2016, according to the UW’s Runstad Center for Real Estate Studies.

Washington state’s housing market remained strong in the second quarter of 2016. Home sale prices and the number of sales were up, although new building permits were down compared with a year ago, according to the Runstad Center for Real Estate Studies at the UW.

Simon Stevenson of the United Kingdom’s University of Reading will be the next director of the University of Washington’s Runstad Center for Real Estate Studies, in the College of Built Environments.
A new study from the UW’s Runstad Center for Real Estate Studies suggests that Seattle and Washington state could invite development of more affordable housing by easing the legal risk — or the appearance of risk — in condominium development, construction, liability and insurance.

Washington state’s housing market showed the continuing effects of low supply in the first quarter of 2016, with sales limited and most markets less affordable, according to the Runstad Center for Real Estate Studies.

Home sale prices were up fractionally in the fourth quarter of 2015 compared to the third quarter but up 9.7 percent compared with the previous year, according to the UW’s Runstad Center for Real Estate Studies.

Home sale prices increased but sales themselves were fewer in Washington state in the third quarter of 2015, according to the Runstad Center for Real Estate Studies in the UW’s College of Built Environments.

Washington state’s housing market remained strong in the second quarter of 2015 with home sale prices, home sales and new building permits up compared to one year ago, according to the UW’s Runstad Center for Real Estate Studies.