Thursday, October 7, 2010, 12:02am EDT
Modified: Thursday, October 7, 2010, 11:01am
Home prices up as national average falls
Washington Business Journal - by Jeff Clabaugh
Read more: Home prices up as national average falls - Washington Business Journal
The latest report on home prices shows a quarterly decline nationwide, but gains in median prices in the Washington market.
The report, from real estate data provider Clear Capital, says median home prices nationwide fell 0.2 percent from the second quarter to the third quarter, but remain 2.4 percent higher than a year ago. By region, the Northeast was the only region to show a quarterly gain in prices.
Washington remains one of the top 10 performing markets, with quarter-over-quarter prices up 3.9 percent and year-over-year prices up 7.4 percent, according to Clear Capital.
Baltimore ranked as the 14th-best performing market on a quarterly basis, with median prices up 2.4 percent, though prices are down 2.9 percent from a year ago in Baltimore.
The biggest quarterly drop in prices among large metropolitan areas was Atlanta, down 11.6 percent from the second quarter.
Read more: Home prices up as national average falls - Washington Business Journal
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment