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DMV Weekly Market Update: August 12, 2024

Happy New Week!

On the real estate front we saw a contraction of new listings (-9.23%) since last week.

Total inventory held solid though. Giving us a slower pace to sales that we do not expect to last long as mortgage rates trend down and more buyers come back into the market.

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With Matt Cheney
matt(dotted)cheney(at)compass(dotted)com 202.465.0707 DC BR600869
MD 582148
VA 0225101950