D.C. home prices up 7.4% in May

Written by Federal Title | 29 July 2010

The Washington area's gains in home prices outpaced the national average in May, rising 7.4 percent over May 2009, the Washington Business Journal reports.

That was well ahead of the average national median price increase of 4.6 percent for the 20 markets surveyed in the S&P/Case Shiller Home Price Index. Washington had the fifth-best year-over-year gain in the latest survey.

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