Uncategorized March 16, 2023

The value of residential properties went up 7% in 2022 versus 2021 for Washington/Arlington/Alexandria area.

The Federal Housing Finance Agency (FHFA) published the House Price Index (HPI) for the last quarter of 2022.  The value of residential properties went up 7% between 2021 and 2022 for Washington / Arlington / Alexandria Metropolitan Statistical Area (MSA), a lesser increase than the two previous years.  Effectively, the gains in value were 11.4% in 2021 compare to 2020 and  8.2% for 2020 versus 2019 for the same MSA.

(Painting: Old Quebec in the rain from C Saratt).