A home for sale on Poindexter Dr. in the Sedgefield neighborhood in Charlotte Tuesday, August 5, 2014. In Charlotte, home prices rose 5 percent in May from April this year.
A home for sale on Poindexter Dr. in the Sedgefield neighborhood in Charlotte Tuesday, August 5, 2014. In Charlotte, home prices rose 5 percent in May from April this year. TODD SUMLIN tsumlin@charlotteobserver.com
A home for sale on Poindexter Dr. in the Sedgefield neighborhood in Charlotte Tuesday, August 5, 2014. In Charlotte, home prices rose 5 percent in May from April this year. TODD SUMLIN tsumlin@charlotteobserver.com

U.S. home prices rise at steady pace as sales heat up

July 26, 2016 10:21 AM