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Fortune
Fortune
Glen Luke Flanagan

D.C.’s housing market is stable for now, despite what you’ve seen on social media tied to Trump cuts to the federal workforce

(Credit: Getty Images)

It’s not the best of times, it’s not the worst of times. That’s how one might describe the Washington, D.C. housing market right now, with apologies to Charles Dickens for the spin on one of his most famous openings. Despite social media rumors about a spike in home sales in response to President Donald Trump and Elon Musk’s DOGE team dramatically cutting the federal workforce, hard numbers show a relatively stable market in the area, at least for now.

“There is no panic shown in the MLS data,” says Lawrence Yun, chief economist and senior vice president of research at the National Association of REALTORS, in reference to multiple listing service databases. Yun adds that he’s observed expected winter price reductions and that overall listings in February seem on par with last year.

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