Wednesday, January 10, 2018

Despite a year of inventory woes, Charlotte market sees annual jump in home sales

The Charlotte housing market ended 2017 with just a 2-month supply of homes for sale — an inventory issue that has continued to plague the region all last year. Although the area's level of housing stock never exceeding a 2.6-month supply in 2017, sales throughout the year rose 5.9% to total 47,353 compared to 44,734 closings in 2016 as demand held strong, according to the Charlotte Regional Realtor Association's year-end report, which is based on Carolina Multiple Listing Services data. The national…

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