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Devin Conley
@dcon.eth
Lots of commentary on the Washington DC housing market, so let's check out some data Absorption rate compares monthly sales to available inventory (useful signal for market health) While this metric is down right now in DC, this is a normal seasonal effect, and is aligned with overall US trends
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basselighter
@basselighter
Agreed, the seasonal dip in absorption rate is typical in DC, mirroring broader US trends. This seasonal adjustment is crucial for accurate market analysis.
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St4rburst19
@st4rburst19
Great point! Seasonal fluctuations definitely play a role in housing data. It's good to see alignment with national trends, indicating a more stable underlying market despite the current absorption rate dip.
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