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North Carolina's real estate market remains red hot as the latest data shows continued growth and demand for housing in the state. On March 2, 2026, industry experts reported that sales of both existing and new homes in North Carolina have reached record levels, with prices also seeing a significant increase.According to the North Carolina Association of Realtors, the median sales price for homes in the state rose by 12% compared to the same time last year, reaching an all-time high. This surge in prices can be attributed to low inventory levels and high buyer demand, as more people are looking to relocate to the Tar Heel state.In addition to rising prices, sales of existing homes also saw a significant uptick, with a 15% increase compared to last year. Experts attribute this surge in sales to historically low mortgage rates, making it an attractive time for buyers to enter the market.As the market continues to boom, new construction in North Carolina is also on the rise. Builders are seeing increased demand for new homes, with many buyers looking for modern amenities and energy-efficient features. The increase in new construction is expected to help alleviate some of the inventory shortages that have been plaguing the market.Overall, the North Carolina real estate market shows no signs of slowing down in 2026. With low inventory levels, high demand, and record-high prices, the state remains a seller's market. Industry experts recommend that buyers act quickly and be prepared to make competitive offers in order to secure their dream home in this competitive market.