Mortgage News

Charlotte’s home prices rose 4.7 percent for year ended in October

CoreLogic does not disclose a median price. The year-over-year increase was 4.16 percent in November. When excluding distressed and foreclosed houses, local prices rose slightly less than 4.4 percent.

The S&P CoreLogic Case-Shiller Home Price Indices are the leading measures of U.S. residential real estate prices, tracking changes in the value of residential real estate both nationally as well as in 20 metropolitan regions. For a list of additional indices, please refer to the S&P CoreLogic Case-Shiller Home Price Index Methodology.

Home prices saw an increase of 6.7 percent in February 2018, compared to February 2017. According to CoreLogic’s Home Price Insights for February, month-to-month, home prices jumped 1 percent from January.The CoreLogic team predicts prices will remain the same for March, but go up 4.7 percent in February 2019.

The median forecast of economists surveyed by Bloomberg News projected a 2.3 percent decrease. A predicted increase in foreclosures this year as banks resume seizures may depress home. drop in.

CoreLogic Reports Home Prices Rose 6.7 percent year Over Year, Increasing for the Seventh Consecutive Month in February All 50 states gained Value YOY in February, Increasing the Most in.

Food prices increased 1.4 percent for the year ended June 2018. Prices for food at home increased 0.4 percent, while prices for food away from home rose 2.8 percent. Prices for five of the six major grocery store food groups rose over the past year; meats, poultry, fish, and eggs (up 1.2 percent) was the only group for which prices rose more.

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The median sale price for condominiums rose by 4.7 percent, or $8,050, to $177,950. Condominium sales in the first eight months of this year increased by 2.8 percent, or $4,625, to $168,125.

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Home prices in the Charlotte market fell 3.4 percent for the year ended in August, according to the Standard & Poor’s/Case-Shiller Home Price Index.

The median sales price for both condos and houses increased year-over-year: for condos, it rose 11.4 percent to $440,000, and for houses, the price rose 17.4 percent to $3.7 million.

U.S. home-sale prices edged up again in May, growing 3.6 percent from a year ago to a median of $315,700 across the metros redfin tracks. While this was the biggest annual home price increase in seven months, it fell far short of the 7.1 percent growth rate of a year earlier.

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