February 24, 2009...9:49 pm

Durham area housing market among strongest in the nation

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From the Triangle Business Journal:  “The Triangle’s housing market continues to be among the best in the country in terms of prices, according to a new batch of federal data.

The Federal Housing Finance Agency says home prices in the Raleigh-Cary area increased by 2.96 percent in 2008. That ranks the Raleigh metropolitan area 18th best in the country. The Durham-Chapel Hill area also fared well, placing 28th with home-price growth of 2.15 percent for the 12 months ending Dec. 31.

For the full article, please click here.

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