SEATTLE-National home values continued to rise in November, increasing 0.6% from October to a Zillow Home Value Index of $168,900, according to the November Zillow Real Estate Market Reports.
Home values were up 7.1% year-over-year, reflecting a continued slowdown from the summer selling season, when annual home value appreciation peaked at 7.3%.
A majority (77.1%) of the metros covered in the reports experienced home value appreciation between October and November, with only 95 of the 485 metro areas, or 19.6%, experiencing declines. On an annual basis, 88% of metros experienced home value appreciation.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
