Charts summarizing the national and regional economies and housing markets

Indicators tracking the performance of the Washington area economy

A snapshot of the current state of the national economy

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The Center wishes a fond farewell to David Versel who is on to bigger and better thing! We are grateful for his hard work and dedication over the past few years and wish him luck in the next stage of his career.
Featured Research
Improving the Region’s Global Competitiveness

Improving the Region's Global Competitiveness

November 2014 - The Washington DC region is facing unprecedented challenges to its economy. CRA has reviewed how the region is doing relative to the global economy and proposed an agenda for improving its competitiveness.

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Cognitive Dissonance and the Future of the Rental Market

Cognitive Dissonance and the Future of the Rental Market

May 2015 - The purpose of this paper is to examine how and where rental residences have formed over the past 25 years and why this cluster of preferred rental housing choices has moved over time.

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CRA Working Paper Series (recent releases)

CRA Working Paper 2014-03: Real Property Assessment Trends in the Washington Region, 2005-2014, December 2014
CRA Working Paper 2014-02: A Profile of Higher Educational Institutions in the Washington DC Metropolitan Area, May 2014

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Multifamily Housing in the Washington, DC Region: Demand and Supply Trends

Multifamily Housing in the Washington, DC Region: Demand and Supply Trends

January 2014 – The nature of the demand for and the supply of multifamily housing in the Washington region is changing rapidly. This research examines the existing stock of multifamily housing in the region, projections for population, and the implications for multifamily housing units as demographic, market demand and housing finance options shift.

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Recent Publications and Reports

Recent Presentations

CRA Census Series

In the News
” The federal government is a major contributor to the local economy. It isn’t free money though, and the real story here is that the Washington area workforce works very hard. We have more wage-earners per household than any metropolitan area” – Dr. Fuller on the impact of the federal government on the region’s affluence

FULL STORY

View all recent news articles

Regional Indicators

Wash Metro Unemployment Rate*
4.7% (Mar-15), down .5% from Mar-14
Green arrow up #3 Wash Metro Jobs*
3.1M (Mar-15), up 50.7K from Mar-14
 Green arrow up #3 Wash Metro Median Home Price**
390K (Feb-15), up 4.0% from Feb-14

Notes:
* Not Seasonally Adjusted
** Eight-jurisdiction region as defined by RBI

Housing Corner

Housing Market Updates

These reports produced by CRA and RBI RealEstate Business Intelligence provide a snapshot of area housing market trends

Blogs and Articles

CRA’s David Versel is a regular contributor to the Northern Virginia Association of Realtors RE+VIEW magazine and the GreaterGreaterWashington.com blog.  Recent articles include:

 

 

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