Wednesday, June 01, 2011

One Out of Twenty

Home prices throughout the country took a double dip in March falling below where they were when the housing market collapsed two years ago.

Except here.

According to this story by Dina ElBoghdady in The Washington Post, the most recent Standard & Poor’s Case-Schiller housing index revealed that while twenty major markets in the country saw a 3.6 percent drop in home prices from a year ago, in DC “they rose 4.3 percent, buoyed by the region’s strong job market.”

It was the only major metropolitan area to report a gain.
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