May 27, 2014 10:56 AM

Charlotte home prices up 4.9%

Charlotte-area home prices rose 4.9 percent in March from a year ago, but the pace of annual gains in the region and elsewhere continues to slow, a report Tuesday showed. The slowdown, reported Tuesday by Standard & Poor’s Case-Shiller home price index, follows a broader trend of appreciation cooling off nationwide. A composite index of 20 U.S. cities and a separate index of 10 cities show slowing annual price increases for the past four months, the Case-Shiller report said.

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