Charlotte Observer
CoreLogic, an Irvine, Calif.-based company that provides monthly reports on housing prices, said they rose 7 percent in the Charlotte-Gastonia-Rock Hill area in March from the same month a year ago. The figure includes sales of distressed homes. Nationwide, home prices, including distressed sales, rose 10.5 percent in March from a year ago. The Charlotte Regional Realtor Association reported that Charlotte-area home prices increased by 1.1 percent on average in April from the same month last year, as inventory continues to dwindle. The April statistics on existing, not newly built, homes in the Charlotte region point to an ongoing shift in favor of sellers – and a market in which buyers continue to have fewer homes from which to choose.
2 reports show Charlotte-area housing market picking up