Case Shiller Looks Back at The 2010 Housing Market
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If you are feeling a little wonky today, you can go over and take a look at Case Shiller’s year-end report of the country’s housing market in 2010.
Unsurprisingly, the report is fairly sobering from a national perspective, noting that the first-time tax credit failed to have its intended effect as housing prices fell in most of the markets measured by Case Shiller.
However, as has been the trend of late, home prices in the DC area seem to have fared better than those in other markets:
Los Angeles, New York and Washington DC are three metro areas that, while having experienced fairly healthy growth patterns during the 2004-2006 period, have not given back nearly as much as [other Case Shiller markets]. Washington DC’s October 2010 index level was the highest at 186.67, indicating that home prices are still about 87% above their 2000 levels.
For more statistics than you can handle as well as a forecast for the national housing market in 2011, click here.
See other articles related to: case-shiller, dc home prices
This article originally published at http://dc.urbanturf.production.logicbrush.com/articles/blog/case_shiller_looks_back_at_housing_in_2010/2831.
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