D.M.V. Contract Activity
A Softer Week, But Not a Slower Market
After a few weeks of steady footing, the Metro DC housing market took a modest step back. Total new contract activity declined 3.8% compared to the same week last year, but the details suggest something more nuanced than a simple slowdown.
Blue Ridge Contract Activity
The Outer Markets Hit the Gas Again
While the Metro DC market took a modest step back this week, the Virginia Countryside and West Virginia Panhandle markets moved decisively in the other direction. Combined contract activity jumped 24.2% compared to the same week last year, with both markets posting strong gains.