Triangle rents have fallen for nearly two years. How long can it last?

Rents continue to tumble across the Triangle amid a post-pandemic construction boom.

In Raleigh, the median rent (mid-point where half cost less and half cost more) for a one-bedroom dropped 1.6% from February, to $1,250 in March, according to Zumper’s national rent report .

That’s down 3.1% year over year…

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