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Home / News / Economy / Undersupply is Pushing Prices in Both New and Resale Markets (access required)

Undersupply is Pushing Prices in Both New and Resale Markets (access required)

Metrostudy’s 4Q18 survey of the Charlotte housing market shows that 2,785 new homes were started in the quarter – down 9.4% from 4Q17. The region also registered a 15.3% decrease in starts from 3Q18 to 4Q18 as the increases in mortgage rates have diminished buyer’s purchasing power and left many would-be home buyers on the ...

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