Market Update

Local Market Update – August 2018

Market Overview Rising home prices, higher interest rates and increased building material costs have pressured housing affordability to a ten-year low, according to the National Association of Home Builders. Keen market observers have been watching this situation take shape in the real estate market for quite some

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Market Indicators – May 2018

Market Overview Just like last year at this time, prospective home buyers should expect a competitive housing market for the next several months. With payrolls trending upward and unemployment trending downward month after month in an extensive string of positive economic news, demand remains quite strong. Given

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April 2017 Market Indicators

April 2017 data released by Triangle MLS shows signs of a strong housing market – especially for sellers. Employment opportunities and wages have improved, thus opening the door for potential buyers and creating a residential real estate market ripe for sellers. Houses that show well and are

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2016 Year End Market Indicators

December 2016 December 2016 wrapped up on a positive note, with market indicators reflecting the same trend seen throughout most of the year. According to information provided by Triangle MLS, New Listings increased 7.5 percent to 2,119. Under Contract Sales were up 17.7 percent to 2,213. Inventory

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July 2016 Market Indicators

Triangle homes still continue to sell quickly. According to market indicators reported by Triangle MLS as compared to July 2015, New Listings in the Triangle region decreased 1.7% to 4,242 and Under Contract Sales were up 11.6% to 3,592. Inventory levels fell 17% to 9,038 units. The Median

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June 2016 Market Indicators

The housing market continues with steady growth. According to market indicators reported by Triangle MLS, New Listings in the Triangle region increased 8.8 percent to 4,613 (compared to June 2015) and Under Contract Sales were up 14.2 percent to 3,720. Inventory levels fell 17.3 percent to 8,888

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