Local home sales rise in May amid small inventory gains

Home sales across the Charlotte region rose for a second consecutive month in May, says the latest Charlotte Regional Realtor Association activity report. Just over 4,000 homes sold last month, representing a 5% jump from the previous year and an 11.4% increase from April, according to Carolina Multiple Listing Services data released Friday. Residential listings also climbed 4.5% last month compared to May 2015. The local housing supply, at a three-month level, remains below what is considered…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/06/10/local-home-sales-rise-in-may-amid-small-inventory.html?ana=RSS%26s=article_search