Case Shiller: DC Area Home Prices Rise 3.6%
Continuing the trend of outpacing the rest of the country, the DC area posted a 3.6 percent year-over-year increase in home prices between January 2010 and January 2011, according to the latest Case-Shiller report released this morning. Nationally, home prices in the 20-city index decreased 3.1 percent during that period. Economists predicted that prices would fall 3.3 percent in January, after a 2.4 percent drop in December.
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