D.C. housing prices jump 10.5%
Washington Business Journal - by Jeff Clabaugh Staff Reporter
Thursday, February 25, 2010, 12:15pm EST
A government report says housing prices in the Washington area posted the biggest year-over-year increase in the nation last quarter, jumping more than 10.5 percent.
The Federal Housing Finance Agency says average prices in the Washington area were up 10.55 percent in the fourth quarter compared to the fourth quarter of 2008. It says average prices jumped 5.63 percent from the third quarter.
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