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RE/MAX National Housing Report: Nov 2017 I How Charlotte Compares {Infographic}
 
 
RE/MAX November 2017 National Housing Report: 
October 2017 Housing Data
 
The RE/MAX National Housing Report for November 2017: "Nationwide Seller’s Market Reigns as Home Prices Climb" was this month's headline.  Despite record low inventory for the month, October home sales increased 2.5% year-over-year and kept 2017 prices ahead of 2016, according to the RE/MAX National Housing Report.
 
To quote Adam Contos, RE/MAX Co-CEO:  “The housing market is steady and at least somewhat predictable with record-low inventory and increasing prices in markets across the country. With job growth and increased household formation, buyers will struggle and may even be priced out of the market until home building catches up.”
 
 
 
 
 
For a more detailed review, click here for the latest RE/MAX National Housing Report.
 
 
 How Charlotte, North Carolina's region compared to national statistics in
October 2017:
 
Median sale price of Charlotte region homes was up 6.2% compared with October 2016 versus 3.3% nationally. Charlotte area's median price sale of $223,000 in October has essentially caught up with national averages and increased from $210,000 just one year ago.
  Closed sales in Charlotte region compared favorably with national averages of 2.5% with closed sales up 2.6% in October 2017.
  Months supply of homes in the Charlotte region was 2.4 months, down 25.0% versus October 2016. Charlotte region's months supply of ... more

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