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Rents Contract in the Carolina TriangleRaleigh-Durham’s advertised rents were down 0.1% on a T3 basis through April, to $1,548, with Yardi Matrix forecasting a 0.6% contraction for the year. Construction starts declined significantly, down 95 percent over the first four months of 2023.
Raleigh-Durham’s advertised rents were down 0.1% on a T3 basis through April, to $1,548, with Yardi Matrix forecasting a 0.6% contraction for the year. Construction starts declined significantly, down 95 percent over the first four months of 2023.
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