HOUSING MARKET 2020: They may be rich, but America's priciest neighborhoods are taking it on the chin. Does Charlotte follow the trend?

The U.S. housing market rebounded in August with a surge in existing home sales and building permits to add new inventory. Too bad the acceleration stopped just short of many of America's wealthiest neighborhoods. A Business Journals analysis of nearly 16,000 U.S. housing markets highlighted value increases across a broad swath of the country, with some 80% of ZIP codes seeing year-over-year appreciation through the end of August. The uptick followed a disappointing spring that dragged through July…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2019/11/04/housing-market-2020-they-may-be-rich-but-americas.html?ana=RSS&s=article_search