Raleigh Area Real Estate Blog

Triangle Real Estate Market Among Tops in Country During Pandemic

Triangle Real Estate Market

As home sales in many areas throughout the U.S. have begun to show signs of decline, the Triangle region in North Carolina appears to be managing the pandemic better than most markets in the country.

According to data collected by Zillow, newly pending sales are up 8.6% from last month, continuing a trend that started back in early spring. Overall, the Triangle area continues to show an exceptional ability to maintain activity in very tough economic condition, and while the strong numbers may be surprising to some, the recent uptick in activity points to the general strength of the area and large volume of interested buyers prior to the outbreak.