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

Area Home Prices Increase

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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