Raleigh-Durham Investment Market Trends (Q2 2021)17 Aug 2021
After a slow start to the year, Raleigh-Durham investment sales picked up in the second quarter. Overall volume of $1.6 billion brought the trailing- 12-month total to $6.3 billion, slightly ahead of volume witnessed during the prior trailing-12-month period. Multifamily sales once again led the way with more than $945 million in property changing hands in the second quarter. Occupancy has held up well despite new supply, and rent growth has strengthened since the beginning of the year.
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