Housing prices appear to be statistically bottoming in the DC metro area. Year over year price trends are positive in all percentiles -- which is the first time that's happened since 2005. And inventory for sale is extremely low -- the lowest its been since housingTracker started keeping track. This is, at the very minimum, bullish for a bottom. We're not going to take off like a rocket ship -- especially with federal budget cuts looming -- but the corner appears to be turned.
http://www.deptofnumbers.com/asking-prices/district-of-columbia/washington/
Showing posts with label housing. Show all posts
Showing posts with label housing. Show all posts
Tuesday, February 7, 2012
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