Monday, March 11, 2013

D.C. housing prices now top pre-recession peak

The District's residential real estate market has not only recovered from the recession but is actually reaching new highs.The Federal Housing Finance Agency's Housing Price Index at the close of 2012 showed prices in the District were 2 percent higher than the pre-recession peak of early 2007, D.C.'s Office of the Chief Financial Officer reported Monday.The FHFA data, released in February, suggests that D.C. has more than recovered from the 16 percent loss incurred during the Great Recession,…

Read More... [Source: Residential Real Estate News - Residential Real Estate News Headlines | Bizjournals.com]

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