CHARLOTTE, N.C. — Charlotte was one of the top markets in the U.S. for apartment construction in 2020 as developers attempt to meet residential demand in the fast-growing region.
The city just barely edged out Raleigh — but trailed other Southeast counterparts such as Atlanta and Nashville, Tennessee — in construction starts, according to RealPage Inc., a Richardson, Texas-based real estate software firm. In total, the region saw 6,603 construction starts, which ranked No. 13 in the nation.
Raleigh came in at No. 14 with 6,556 starts. Dallas landed in the top spot, followed by Phoenix and Washington, D.C.
Click through this slideshow to see how North Carolina’s two largest cities stacked up with apartment construction compared to other major U.S. metros.
Cox Media Group
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