"North Carolina continues to shine as one of the nation's housing success stories. The Realtor.com® State-by-State Housing Report Card gave the Tar Heel State a strong B+, reflecting its ability to build enough new homes to support a fast-growing population while keeping prices relatively stable. The report, part of the Let America Build campaign, measures how each state balances current affordability with future housing supply. North Carolina's results show a market that's expanding rapidly-but still working to make sure affordability keeps pace with demand."
"President Donald Trump recently put pressure on homebuilders to increase construction nationwide, given the issues with construction in the country. In a post on his Truth Social platform in early October, he accused major builders of hoarding lots to prop up prices-likening them to OPEC, which restricts oil output to maintain high prices. "They're my friends ... but now, they can get Financing, and they have to start building Homes."
North Carolina earned a B+ with a total score of 68.8 on Realtor.com's State-by-State Housing Report Card, reflecting strong homebuilding that supports fast population growth while keeping prices relatively stable. The state's 2024 median listing price was $408,663 and median household income was $68,774, producing a Realtors Affordability Score of 0.59. North Carolina accounted for 6.4% of all new housing permits in 2024, indicating notable construction momentum relative to its size. Market expansion remains rapid, and continued building will be necessary to keep affordability in line with growing demand amid national pressure to increase construction.
Read at SFGATE
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