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Raleigh apartment demand shatters annual record

Vacancies have declined as renters snap up newly built units
CoStar Analytics
February 14, 2025 | 8:07 P.M.

Apartment demand in Raleigh, North Carolina, reached a record high in 2024. But while the appetite for apartments is likely to stay above historical averages in 2025, it is already moderating from the blistering pace of a few quarters ago.

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