What's Hot: The 4 Projects in the Works Near DC's Starburst Intersection | A 153-Room Aloft Hotel Pitched For Mt. Vernon Triangle
U.S. Home Prices Fall By Record Amount
The Standard & Poor’s/Case-Shiller housing index was released today, and it showed that home prices dropped by the sharpest annual rate on record in January. The index, which monitors housing prices in 20 U.S. cities, revealed that prices have plummeted by 19 percent since January 2008. The statistics for the DC area were in line with the national rate as residential property prices in the city dropped 19.3 percent in the last year.
Home prices in the 20-city index have dropped 29 percent since the middle of 2006, and are now back at late-2003 levels.
To view the full Case-Shiller report, click here.
This article originally published at https://dc.urbanturf.com/articles/blog/u.s._home_prices_fall_by_record_amount/732.
Most Popular... This Week • Last 30 Days • Ever
In this article, UrbanTurf looks at the estimated annual maintenance costs associated... read »
Another concept has been unveiled for one of DC's most contentious development sites,... read »
Renter demand has continued to push Class A apartment rents in the DC region up this ... read »
The big news in the development pipeline east of DC's H Street Corridor is the resur... read »
A new hotel has been pitched for a development site in Mount Vernon Triangle that has... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro