Federal downsizing is reshaping the D.C. housing market: rents fell 1%–4% across every DMV jurisdiction last year, at a pace comparable to the pandemic. Emilia Calma, Nicholas Finio, and Tracy Hadden Loh on what local governments should do while there's still a window to act.
New data from the DMV Monitor suggests weakening housing demand across the Washington region, with falling rents, softening home prices, and growing economic uncertainty reshaping the local market.