This report is the second in a series of annual reports on housing in the District of Columbia and the surrounding region. It assembles and analyzes the most current data on housing supply and demand in the Washington metropolitan area, building on the 2002 report and presenting new information from the 2000 Census as well as more current data on emerging trends. The purpose of this series is to help inform the public, policymakers, industry representatives, community-based organizations, and advocates concerned about housing conditions and trends.