Charlotte home sales, prices expected to rise faster than U.S. in 2016

U.S. home sales rose more than expected in July, boosted by lower mortgage rates and a strong labor market, signs the Federal Reserve’s shift toward lower interest rates was supporting the economy.

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It seems like just yesterday that a small group of us were in a conference room in Charlotte, planning the launch of what. in setting up news bureaus across the country, a national sales network.

Figures from the charlotte regional realtor association underscore the accelerating pace of the increases. In January, home prices in Charlotte were up 3 percent from the year before. By April, the year-over-year increase had surged to 8.6 percent.

Charlotte: Real Estate and Market Trends. Homes purchased in the Charlotte housing market one year ago have appreciated by an average of $26,545, whereas the national average was $12,731 over the same period. homes purchased in the Charlotte housing market three years ago have appreciated by an average of $57,403,

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The 5 Real Estate Trends That Will Shape 2016.. caused new-home prices to rise much faster than existing-home prices.. see that higher rates will result in fewer sales; however, across the U.

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Industry experts point to a lot of promising signs – moderate increases in prices and sales, the creation of more households, and an improving job market – for the national housing picture in 2016. But the gains won’t look like they have over the past two years, and we’ll see more local housing markets stabilizing in the near future.

The Hottest Real Estate Markets of Summer 2016. Summer 2016 is shaping up to be a good one for the country’s housing market. Bolstered by substantial growth in median listings from March to April and an improved national economy, the market is showing no signs of slowing down, even in an election year.