Charlotte housing saw an increase in inventory
Hi everyone!
I saw in Charlotte Business journal that housing supply increased in January and continues to increase into February. Some highlights of the article:
- New listing increased 11.3% year over year from Jan 24 to Jan 25
- 8204 homes listed for sale in Feb by 32.7% over the year
- Highest showings are Matthews, Huntersville, Waxhaw, Charlotte and Concord
Even with inventory increasing, levels are still under 3 months indicating its still a seller's market. Curious to know what inventors think about the current market conditions?