Seattle home price increase ties for No. 1 in U.S.

For Sale and Sold

Seattle is tied for having the nation’s fastest-rising home prices, according to the latest data from S&P/Case-Shiller.

The Seattle area tied with San Francisco and Tampa, Florida for posting biggest increase between September and October, at 1.3 percent, according to the data released Tuesday.

The index measures the nation’s top 20 metros. Year-over-year, Seattle home prices were 8.8 percent higher in October than in October 2014. That put Seattle fifth, behind only San Francisco, Portland and Denver (all 10.9 percent) and Dallas (9.3 percent).

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