Matrix Multifamily Raleigh Report-November 2024

Raleigh-Durham’s Fundamentals Moderate

Advertised asking rents in Raleigh-Durham were down 0.5 percent on a T3 basis, to $1,540, 50 bps below the national rate. The metro’s deliveries accounted for 4% of existing stock, 190 bps higher than the U.S. rate.

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