Raleigh/Durham ranks 3rd for housing permits
Raleigh/Durham continues to show its resilience in the real estate market. New construction activity is determined by the number of permits issued. Based on these figures, the Raleigh/Durham market ranked 3rd in permits issued on a per-capita basis. Not too shabby!
What does this mean? Simply put, the Raleigh/Durham area is one of the few metros attracting people and businesses to the area. As our area continues to expand, builders are ready to bring new inventory to the market. Good signs ahead!