Charlotte was the sole U.S. metropolitan area to record a gain in housing prices in January among the 20 markets tracked by Standard & Poor's and Case-Shiller.
The year-over-year price of existing single-family homes grew 1.8 percent in the Queen City in January, according to the S&P/Case-Shiller Home Price Index.
Nationally, January prices declined 10.7 percent from a year earlier.
Statewide, existing-home sales fell nearly 18 percent to 7,421 closing last month. That was down from 9,004 in the year-ago period.
The average price statewide dipped more than 3 percent last month to $206,964.
Sunday, March 30, 2008
Sunday, March 23, 2008
Real Estate in Charlotte, NC and surrounding areas
Charlotte's real estate market differs from the rest of the country. I will publish my thoughts on residential and commercial sales and property rental and management issues in this blog. Please visit our web site http://carolinasmetro.com/ to search for properties (homes, condo, townhomes, rentals and land) in Charlotte, Lake Wylie and Lake Norman and surrounding areas and feel free ask your questions on real estate issues in this blog.
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