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Construction slowdown helps DC apartment market absorb largest wave in decades

Total units underway are less than half the peak reached in early 2023
CoStar Analytics
August 4, 2026 | 1:00 P.M.

After several years of rising vacancy, Washington, D.C.'s apartment market is beginning to move in the opposite direction as tenant demand catches up to one of the largest construction surges in the market's history.

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