Over 4,200 Washington, D.C. area homes went under contract in August, a 3% annual increase.
Regional home prices reached $625,000 in August, up 2.1% compared to last year.
Price growth is slowing, with some counties experiencing year-over-year declines for median home values.
Buyers are more active due to slightly lower mortgage rates and increased housing inventory.
Federal job cuts and budget concerns create uncertainty, limiting stronger Real Estate market momentum.
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