Triangle Housing Market

Raleigh area rents fell in September – 7th most in U.S. – but rent still costs more than a year ago

Posted by Jason Parker | Oct 21, 2022

Renting a place to live in Raleigh got a bit easier in September, with a decline in the median rent price of 2.4% from the month before.

Housing pain: Raleigh rents soar at double rate of inflation – 7th highest in US

Posted by Jason Parker | Oct 14, 2022

A new analysis finds that rental prices have grown by 16.4% in the Raleigh metropolitan statistical area, as region faces a prolonged period of unaffordability.

Good news for renters: Apartment costs in Raleigh decline in September

Posted by Jason Parker | Sep 30, 2022

Raleigh rent prices fell in September, the latest data show. But rents have grown faster than wages, meaning housing affordability concerns persist.

Chatham County homes are Triangle’s most expensive, but job growth could lower median price

Posted by Jason Parker | Aug 12, 2022

Homes in Chatham County have the highest median prices of anywhere in the Triangle. Why is that the case, and what will VinFast’s auto plant mean for housing?

At minimum wage, it takes 90 hours/week to afford 1 bedroom Raleigh apartment

Posted by Jason Parker | Jul 29, 2022

Here’s a statistic that might sum up just how much renters are feeling squeezed: a North Carolinian would have to work 90 hours per week at the current federal minimum wage of $7.25 per hour to rent the typical one-bedroom apartment.

Study: Raleigh remains a ‘pandemic boom town’ for people looking to relocate

Posted by Jason Parker | Jul 22, 2022

The Triangle ranked 20th of 148 metropolitan areas for net migration in the second quarter – and that could impact the housing market. Let’s take a look at the reasons why and the data.

Triangle among top areas in US for new home construction – a good time to buy?

Posted by Jason Parker | Jul 8, 2022

The Triangle ranks near the top of the U.S. in new home construction – and that could mean good news for people looking to buy in what is still called a “hot, hot, hot” market.

Data shows Triangle’s housing markets may have cooled in June – except for renters

Posted by Jason Parker | Jul 1, 2022

Preliminary data on the Triangle’s housing markets show that prices may be stabilizing, even as it remains a strong seller’s market and housing costs increase.