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2023 Regional Market Forecast


Each year, NVAR partners with Dr. Terry Clower of the Center for Regional Analysis at George Mason University, to issue a consensus forecast for the region’s housing market.

To develop the regional market forecast, our association convenes a panel of key experts from different sections of the industry, including real estate sales, settlement, finance, and appraisal. This Economic Advisory Group reviews a preliminary forecast that the GMU economists develop based upon statistical patterns and trends, and then we augment those with data driven results based upon our experiences in the field.

Read Dr. Clower's 2023 Regional Market Forecast Report



In the Media...


What to expect if you want to buy or sell a new home in Northern Virginia 


Higher Mortgage Rates To Slow NoVA Housing Market In 2023


Northern Virginia Real Estate Market to Slow in 2023

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