Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties
CHARLOTTE – Home prices in the Charlotte metropolitan area were up 7.8 percent in June 2013 over June 2012 and national home prices were up 11.9 percent over that same period.
CoreLogic, a property information analytics firm, on Tuesday released its June numbers, showing the increase in home prices, which include distressed properties.
Comparing the numbers month-over-month, prices were still up but not as impressively. CoreLogic reported that in the Charlotte metro area, prices were up 1.5 percent in June over May 2013. On a national level, prices increased by 1.9 percent over that time.
The CoreLogic report also predicted that July national home prices would be up 12.5 percent over July 2012 prices, and would increase by 1.8 percent over June 2013. No Charlotte-area predictions were available in the report.
