
February Highlights:

January Highlights:

What Happened in 2022?

DC Metro Housing Market Proves National Headlines Wrong in 2022
Prices Appreciate - Homes Selling Fast - No Glut of Inventory: As usual, the consensus forecasts by many renowned economists and so-called "housing experts" have been proven wrong, again. It was almost one year ago when Fed policymakers indicated they would be aggressively raising interest rates to combat inflation. Subsequently, it became commonly reported in the national news from almost every angle that rising interest rates would crush housing prices. We were reminded of this at each rate increase. Headlines read "housing collapse", "housing...

Prices Up in October, but Decelerate to First Annual Price Decline
October Prices Up 2.5% from September: The median home price in Northern Virginia was up 2.5% in October. October's uptick was the first increase since May after four consecutive months of decline: June (-3%), July (-3.3%), August (-3.9%), and September (-1.7%). This is fairly typical of the seasonal price movement we see in housing. Prices up from January to May/June, softening until September, then stabilizing to year-end. All major sub-markets in Northern Virginia increased in price...