S&P/Case Shiller announced that national home prices have jumped 13.3% in October 2013 - the highest jump since 2006. This Reuters news video talks about an increase in permits, prices and builder plans to continue the growth in 2014. (See a quick news clip here about the gain.)
In Northern Virginia and the surrounding Washington, D.C. market, the Metropolitan Regional Information Systems, Inc., reports average home prices have been on the rise since 2009. In October prices over 2012 levels increased:
  • Fairfax County: +10.13%
  • City of Alexandria: +2.93%
  • Arlington County: +10.14%
  • Washington D.C.: +4%
Signs of continued housing growth in 2013

For more data and charts on the Washington, D.C. market, visit http://www.Realestateology.org or catch it on Facebook at http://www.Facebook.com/Realestateology.org. (Don't forget to "like" the page!)