Median home prices in the Washington D.C. region rose 4.5% over the previous quarter, topping the nation in gains.
According to the December Market Report from Clear Capital, the Northeastern U.S. quarter-over-quarter numbers inched up 0.5% and 0.7% the past 6 months compared to the 6 months prior.
National quarter-over-quarter home prices held their ground and posted an increase of 0.3%, while REO saturation rates remain near 25%. … (2 comments)
washington dc real estate values: D.C. Still Nation's Healthiest Real Estate Market
- 10/27/11 04:58 AM
D.C. Still Nation's Healthiest Real Estate Market Standard & Poor's new Case-Shiller Report identifies Washington D.C. and Detroit Michigan as the only two U.S. cities where housing values are increasing year over year, posting "positive annual returns of +2.7% and +0.3% respectively" and cites the D.C. market as having appreciated approximately 83% over the past decade, the highest increase of U.S. cities. From Standard & Poor's housing blog HousingViews: "In the latest S&P/Case-Shiller release cities in Midwest were among the best, the Sunbelt continued as the weakest and Washington DC remained the standout."
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