July 2, 2025
Matrix Multifamily Raleigh Report-June 2025
Transitioning From Boom to Balance
Advertised asking rents in the Research Triangle increased 0.5 percent on a T3 basis through April but were down 0.6 percent on an annual basis. The metro's occupancy rate, at 93.5 percent, was well below the national average of 94.4 percent. Recent deliveries accounted for 1.9 percent of existing stock, more than double the national rate of completions.
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