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April 29, 2014

Charlotte home prices rise, but at a slower pace

Charlotte-area home prices continued their rise in February, but the pace of appreciation again slowed, according to a report Tuesday.

Charlotte-area home prices continued their rise in February, but the pace of appreciation again slowed, according to a report Tuesday.

Home values rose 6.7 percent in February from the year before, the latest Standard & Poor’s Case-Shiller index shows. That was slower than the national rate, which grew at 12.9 percent.

In January, Charlotte-area prices were up 7.2 percent over the previous year. Home values declined slightly between January and February this year.

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