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Washington, DC Dashboard Reports

Washington, DC - April 2014 - Figures for New Home Closings Suggest Market Decline is Subsiding

New home sales fell in Washington, DC in April. Average prices of new homes moved up, rising 8.3%. The percentage of new home closings belonging to attached homes dropped, falling 5.6% percentage points. The percentage of new home closings belonging to single family homes rose, climbing 5.6% percentage points.

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11 Big Banks Get Fed Aches

Washington Post staffer Danielle Douglas reports that federal regulators say that 11 of the biggest U.S. banks have no viable plan for unwinding their businesses without rattling the economy, ordering the firms to address their shortcomings by July 2015 or face tougher rules.

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