Tag: CoStar
-
Raleigh Among Top U.S. Multifamily Markets
Inspired by the June 10, 2025, CoStar article “Tracking the Turnaround: Where Multifamily Momentum Is Surging in the U.S.” Market Rebalancing Underway After a challenging few years of oversupply and rising vacancies, U.S. multifamily markets are turning a corner—and North Carolina is well-positioned to benefit. Key trends nationally: Raleigh Shines as a Southeast Standout CoStar’s…
-
Raleigh Sees Record Breaking Apartment Demand….. Workforce Housing supply remains strained
Raleigh’s apartment market is experiencing historic levels of demand, with net absorption reaching an all-time high in 2024. According to CoStar, the city absorbed nearly 8,600 units, more than double its typical annual average. While absorption is expected to moderate in 2025, demand will still remain above historical trends, fueled by strong population growth and…