Homes for Sale in Washington Surge 25 Percent Amid Federal Layoffs

More than 280,000 job cuts have so far been announced in the government sector this year.
Homes for Sale in Washington Surge 25 Percent Amid Federal Layoffs
A home available for sale in Austin, Texas, on May 22, 2024. Brandon Bell/Getty Images
Naveen Athrappully
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The number of active listings of homes for sale in the District of Columbia area jumped by 25.1 percent in April, year-over-year, according to real estate brokerage Redfin.

It is the “largest gain on record,” the company stated. Active listings are at their highest level since 2022, Redfin said.