Big jumps in home values continued across Washington state this past spring, with Whatcom County among the areas posting the largest increases in the U.S.
Home appreciation rose 13.1 percent in the second quarter compared to a year ago for the Bellingham metro area, according to a new report from the Federal Housing Finance Agency. That’s the eighth-highest year-over-year increase among the 245 metro areas listed for that time period.
It was the sixth-straight quarter Whatcom County posted double-digit, year-over-year home appreciation increases with this index, which looks at purchased and refinanced mortgages to determine changes in home values.
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