Markets
Overview
The Raleigh-Durham market has some of the strongest fundamentals of any market in the country. Even prior to COVID, there was a strong net positive migration of people and companies to this area. People are attracted to it because it is more affordable and companies ranging from higher education to healthcare and technology have relocated there because it is easier to business. These trends have only accelerated since COVID and, unlike other markets, the fundamentals of supply and demand are still very strong.
The hottest housing markets include those markets in North Carolina, Colorado and Texas that were also popular during the pandemic, including Raleigh (#1) and Durham (#3), Denver and Austin
– US News and World Report, 2023
Smaller secondary markets are generally growing at a faster pace, with Boise, Austin, Las Vegas, Raleigh-Durham and Orlando expected to grow by twice the U.S. average
– National Multifamily Housing Council, 2023
Raleigh-Durham
Great Lifestyle at an Affordable Rent
Raleigh Durham is the 5th most affordable MSA in the country, one reason why it has seen such high population growth
Growing Job Market and Infrastructure
Raleigh Durham has the 6th highest job growth of any MSA in the country, driven by its business friendly policies. Its economy is highly diversified and resilient
