Tuesday, July 21, 2009
Monthly Home Price Changes Washington DC Metro Area
Click on image for larger view
Please note that there was much discussion on this blog about the meaning of the increase in home prices in April 2009. This was the first monthly price increase since 2006. Looking at the larger picture, it still seems that monthly price decreases will resume later this year. The prices decreases are not yet over. Expect small monthly price decreases later this year. In my mind most areas of DC are likely to see another 5 to 12% decrease in home prices.