King County home prices rise for a second month
House prices rose in May in King County for the second straight month, according to statistics release Monday by the Northwest Multiple Listing Service.
The median price of single-family homes sold last month was $362,000, up 0.6 percent from April and a more impressive 4.9 percent from May 2011.
The year-over-year increase was the largest since prices peaked in 2007.
Volume also was up: The number of closed sales in May topped 2,000 for the first time since August 2007, and was up 24 percent Read more [...]