For the fifth month in a row, real estate sales in the Raleigh area surpassed those in 2010. The greater Triangle area, which encompasses 16 counties, saw positive developments in real estate sales and transactions.

In turn, new listings in the area were on the decrease, which is a great sign for the stability of the market. With less to be sold, the supply decreases—where the demand then increases. Also good news for the real estate market and local economy? The area ranks exceptionally well for affordability.

The Raleigh movers hope that the market continues to strengthen and that the local economy continues on the positive slope as well. Here’s to a promising 2012 in Raleigh!

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