DC Area Home Prices Increase 9 Percent
By MARK WELLBORN
The Washington Examiner is reporting that home prices in the D.C. area “soared about 9 percent” between May 2009 and May 2010.
The latest data comes from a report released by real estate analytics company Clear Capital. To be exact, home prices in the area increased 9.3 percent over the past 12 months and they rose 6.8 percent nationally, the biggest jump since July 2006, according to The Examiner.
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