Washington Area Home Prices Up!- Wash Biz Journal Reports

Washington home prices up 8.1%


Washington Business Journal - by Jeff Clabaugh

Date: Thursday, February 10, 2011, 10:46am EST .
Sales of existing homes jumped 15.4 percent in the final quarter of 2010, while prices rose in more than half of the nation's cities. The Washington market posted one of the biggest year-over-year gains in prices, according to the National Association of Realtors.
Existing home prices were higher in 78 markets, including ten with double-digit increases.

Read more: Washington home prices up 8.1%
Washington Business Journal

Washington Business Journal Reports:DC home Prices Up!

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

Washington Business Journal Reports : DC Home Price Gains Best in the Country

D.C.-area home price gains in April best in U.S.
Washington Business Journal - by Tucker Echols
Read more: D.C.-area home price gains in April best in U.S. - Washington Business Journal

The Washington area led the nation in home price gains in April.
Median prices in the Washington market rose 2.4 percent in April compared with March, the best gain of the 20 markets surveyed in the S&P/Case Shiller Home Price Index. Nationally, prices rose 0.9 percent compared with March.
The Washington area also surpassed most markets in annual gains. Median home prices in the area rose 7.3 percent in April 2010, compared to one year before. Only four cities in the index posted better annual gains, led by San Francisco where prices advanced 18 percent in the last year.
The S&P/Case-Shiller survey of 20 major U.S. cities uses the “repeat sales pricing technique” to measure housing markets. This methodology collects data on individual single-family home resales and uses the re-sold sale prices to calculate price declines or gains.
Read more: D.C.-area home price gains in April best in U.S. - Washington Business Journal