05/22/2026
Today’s DMV Housing Market Update
Top 10 Market Recap:
1. National Average Conv. 30 year Fixed 6.65%
2. 10 Year Treasury below resistance at 4.56%
3. Bond market under pressure from inflation, oil, and Fed Uncertainty
4. Inflation trending higher with April Consumer Price Index at 3.8% year over year
5. Middle East escalation is feeding energy inflation fears, keeping pressure on rates
6. The Fed sentiment on Rates is higher for longer
7. National home price appreciation is right around 2%
8. MD/DC/VA prove to be completely different markets. NOVA is still very strong, DC is softer, and MD Suburbs are holding up well.
9. The DMV is moving from an extreme seller's market towards a more balanced market with certain areas still seeing strong demand.
10. The bond market - not the Fed - continues to control mortgage rates and housing momentum. Until the war ends, and inflation cools materially, expect mortgage rates to remain volatile and elevated heading into summer.
I’m around all weekend to chat real estate.
