North and South Carolina are home to a number of markets that lead the nation in terms of relative supply growth — including strongholds like Charlotte, Raleigh/Durham and even smaller metros like Charleston. But even though supply continues to weigh heavy in local markets, the states remain a magnet for apartment demand with both renters and investors alike.
Can both North and South Carolina continue to post solid absorption amid a multidecade supply peak, or will performance continue to slow as supply weighs heavy throughout the region in 2024 and into early 2025?
Join RealPage® market experts Carl Whitaker and Dustin Weaver as they share their thoughts on performance across both states from the largest metros to the region's smaller markets.
Markets Covered:
- Charlotte-Concord-Gastonia, NC-SC
- Raleigh/Durham, NC
- Greensboro/Winston-Salem, NC
- Wilmington, NC
- Asheville, NC
- Fayetteville, NC
- Greenville/Spartanburg, SC
- Charleston-North Charleston, SC
- Columbia, SC
- Myrtle Beach-Conway-North Myrtle Beach, SC-NC
- Goldsboro, NC
- Greenville, NC
- Hickory-Lenoir-Morganton, NC
- Jacksonville, NC
- New Bern, NC
- Pinehurst-Southern Pines, NC
- Florence, SC
- Hilton Head Island-Bluffton-Beaufort, SC
- Sumter, SC
Carl Whitaker is RealPage’s Chief Economist, leading the company's team of economists and market analysts. Carl and the Market Intelligence team specialize in analyzing and disseminating economic and market trends for the rental housing industry. He primarily focuses on presenting trends in the rental housing industry to a wide audience, including investors, asset managers, operations professionals and media, among other personas. Carl has been cited in the Wall Street Journal, Bloomberg and GlobeSt and is a frequent keynote speaker for industry events. Carl holds degrees from the University of North Texas, including a Master of Science in Applied Geography.
Dustin Weaver
Market Analyst, RealPage, Inc.Dustin Weaver is a Market Analyst with RealPage's Data Analytics division, where he focuses on conventional apartment market analysis, research and data methodology. Dustin leverages his background in partnering with institutional investors and REITs to enable easier consumption and application of multifamily data and analysis.
