Charlotte NC Real Estate Market Report | In Line with National Recovery Numbers
Housing Market Shrugging Off Rise in Mortgage Rates
Mortgage rates may be inching up, but they have not put a damper on the American housing market’s rebound. The New York Times reports.
Case-Schiller home price index reports across-the-board recovery, namely in some of the metropolitan areas who were a little sluggish during the onset of the recovery process. Charlotte continues to boast recovery numbers – not bubble-bursting numbers but, solid, steady increases.
Below are the most recent Charlotte real estate market report data for 6/26/2013
Data provided from CMLS and deemed reliable but, not guaranteed.
“The Standard & Poor’s Case-Shiller home price index on Tuesday showed a 12 percent increase in prices in 20 cities from April 2012 to April 2013, the largest gain since early 2006, when home values began to level off in advance of the market collapse. The rate of new-home sales also picked up to its quickest pace since July 2008.”
See on www.cnbc.com
Debe Maxwell | Savvy + Company Real Estate | [email protected] | Housing Market Shrugging Off Rise in Mortgage Rates