Bad news: According to S&P/Case-Shiller, month-over-month Washington, DC metro area seasonally-adjusted home prices rose 0.08% in April. Non-seasonally-adjusted home prices rose 0.8%.
For the Composite-20 average, seasonally-adjusted home prices fell 0.09%. Prices continued to fall in the four heavily-battered states of California, Florida, Nevada, and Arizona.
Inflation from March to April was 0.24%.
If Florida prices keep falling while DC prices start rising, I think I'm going to have to live where summer lasts all year long.
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