June 2024 Washington DC Metro Area Real Estate Market Report

Thumbnail: DMV Real Estate Market Report June 2024

Thumbnail: June Market Report Quote

Interest rates began increasing in March, 2022. They began at less than 3% (a historic low) and climbed to just above 8% (a historically average rate). The increase was enough to cause many buyers and sellers to pause. As rates slowly drop, many buyers and sellers are re-entering the market. The result, though, is that we still do not have enough supply to meet the demand, and prices continue to climb. Find out by clicking the image below and watching our full monthly market report video.Thumbnail: DMV Real Estate Market Report June 2024