Raleigh-Cary rated #1 healthiest housing market for 2011

Builder Magazine has named the Raleigh-Cary area the healthiest of the 100 largest US housing markets. Housing market rankings were based on a variety of factors, including home price appreciation or depreciation, job growth, household and income growth, unemployment rates and building permit activity. “The rankings reflect both the Triangle's resilience during the downturn and its outlook for growth,” said Tim Minton, executive vice president of the Home Builders Association of Raleigh-Wake County. “Clearly our market has been able to weather the storm better than most."