Report: North Carolina adds more jobs than homes

0
3163
north carolina realtor

A new report, released by the National Association of Realtors, shows that North Carolina has a disproportionate amount of job growth in relation to home construction. And although Raleigh is still treading post-recession waters, its progress is better than average, reports Triangle Business Journal.

New construction has been sluggish for several years. In North Carolina, construction has not kept up with job creation, a chart published in the NAR report shows.

The ratio of jobs created over the three-year period ending in the first quarter of 2014 relative to new single-home construction starts over this period was 1.5 jobs for every home built, the chart illustrates.

Read More