Matrix Multifamily Raleigh Report-November 2022 December 01, 2022

Triangle Multifamily Forges Ahead

Raleigh-Durham’s multifamily market is showing signs of slowing performance, as rents contracted a slight 0.1 percent on a T3 basis as of September, to an overall average of $1,630. Meanwhile, U.S. rates inched up 0.2 percent to $1,718.