Triangle rental demand ‘pricing out affordability’ as end to eviction moratorium nears

Statewide, rental rates are up 11.7% on average from last year. And, at a time when many leases are set to expire, and demand for housing is increasing, rental rates are up 3.4% in Raleigh and 3.6% in Durham over the last month. Looming is an end to a moratorium on evictions, leaving many renters in a tought spot. Here’s an update.