The nation’s capital faces one of the toughest housing markets in the country.
The Realtor.com® State-by-State Housing Report Card gave Washington, DC, a C-, signaling a crisis of affordability and constrained supply. The report—part of the Let America Build campaign—evaluates how well each state balances home prices with new construction.
President Donald Trump recently put pressure on homebuilders to increase construction nationwide, given the issues with construction in the country. In a post on his Truth Social platform in early October, he accused major builders of hoarding lots to prop up prices—likening them to OPEC, which restricts oil output to maintain high prices…