Raleigh Real Estate Trends + Forecast for 2022
Abstract
It's no secret Raleigh is an up-and-coming city, but how's the local real estate market doing? Let's take a deep dive into emerging data in Wake County from 2022 and narrow down on key Raleigh real estate trends. Raleigh Real Estate Supply Raleigh is currently in a buyer's market, which means there are more homes for sale than available buyers. Raleigh Pricing Trends Raleigh real estate prices are increasing because it's in high demand. Our key predictions for Raleigh real estate through 2022 are: The Raleigh housing market will continue to grow, though growth will likely slow by the end of the year. FAQs Will Housing Prices Go Down in Raleigh? It's not likely that housing prices will go down in Raleigh because local and national housing spend is increasing. Why Is Raleigh Real Estate Booming? Raleigh real estate is booming for many reasons, including: Close proximity to Duke, UNC Chapel Hill, and North Carolina State University Home pricing below national average Booming local economy Population growth Raleigh attracts businesses and new residents Find Your Next Home with Raleigh Realty With these Raleigh real estate trends in mind, now's the perfect time to purchase a home because they indicate homes can increase in value. Check out Raleigh Realty's directory for Wake County homes on the market and let us help you find your dream home in Raleigh.
