Raleigh Housing Market Cools, Days on Market Surge
Raleigh News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Raleighs housing market is experiencing a significant cooling trend, with homes staying on the market for an average of 68 days, a 30% increase from last year. Despite a slight drop in sales, home prices continue to rise by 2%. Local realtors attribute this to a slow winter, but with spring arrival, activity is surging. Homes in high-demand areas are moving faster, and multiple offers are returning, indicating a market shift.
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