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  • Northern Virginia -Fairfax, Loudoun, Alexandria, Arlington & Prince William Blog, real estate Market condition written by Ritu Desai at Samson Properties
Yet again Northern Virginia rated top 13 metro area with strongest econony!!!
Northern Virginia Strong Economy
 

Washington-Arlington-Alexandria, DC-VA-MD-WV

Overall rank: 13

The unemployment rate in the D.C. area fell in both June and July, as it gained jobs in government and defense contracting sectors. Employment in the D.C. metro peaked in the third quarter of last year. Gross metropolitan product peaked in the second quarter. Home prices fell 5.7% in the second quarter compared with the same period a year earlier. And the unemployment rate in June was 6.5%, up 2.7 points from a year earlier. (Please see below for the various criteria used by the Brookings Institution to determine the overall ranking.)

Job growth (since peak) rank: 6
Gross Metro Product (since peak) rank: 1
Unemployment change (year over year) rank: 18
Home price change (year over year) rank: 72

 

Complete list at : http://images.businessweek.com/ss/09/10/1022_40_strongest_us_metro_economies/14.htm

 

Contact Ritu Desai,
Realtor, EcoBroker, ABR,ePRO
 at Samson Properties
  Cell: 703-625-4949 or Email:Info@eNOVAHomes.com
www.eNOVAHOmes.com
             You are interested in purchasing or selling a property in Northern Virginia 
                        Arlington County, Alexandria City, Loudoun County, Fairfax County, Falls Church City & Prince William county.

   
Posted: Friday, October 23, 2009 12:47 PM by Ritu Desai

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