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According to Forbes.com, the Austin-Round Rock area tied for first on a list of large metropolitan areas where the recession is easing.

The report listed Austin and Washington D.C. as the two top cities in terms of economic recovery.

The report considered a number of factors including local economic output, job growth and real estate industry trends.

While the national unemployment rate hovers at 9.7%, the comparable rate in Austin is 7.6% (up from 7% a month ago).

Washington D.C. has a 6.2% unemployment rate.

In the year between the summer of 2008 and the summer of 2009, a typical month saw 8 downtown condo sales captured in the Austin MLS.

In four of those months, only 4 units sold. In the best month, 13 units sold.