Raleigh saw an increase of 23.5% in housing units between 2010 and 2020, according to data from the U.S. Census Bureau, ranking it third out of the top 100 most populous regions in the United States — a healthy increase that met demand due to job growth, found Apartment List.
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Adwerx, which sells an automated advertising platform to the real estate industry, says it managed to grow a whopping 79% in the third and fourth quarters of 2020 despite the pandemic.
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“Some markets are clearly positioned for exceptional longer-term performance due to their relative housing affordability combined with solid local economic expansion,” said NAR’s Chief Economist Lawrence Yun, in a statement.
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Charlotte and Raleigh both hit top ten spots on Forbes’ list of the “Best Cities for Jobs,” ranking.
Read MoreThe state will experience another year of economic growth in 2018, with real GDP expanding by 2.8 percent, the headline jobless rate falling to 3.6 percent, and over 70,000 payroll jobs being created, according to Michael Walden, North Carolina State University economist.
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