For the last several years, the number of homes available for sale in Charlotte, N.C., plunged, making life miserable for home buyers and fueling the upward rise of housing prices in one of the nation’s fastest-growing cities. But as mortgage rates surged this spring, home inventory in Charlotte reversed course dramatically.
In Mecklenburg County, where Charlotte is located, total home listings almost tripled to 4,676 in June 2022 from 1,700 in March 2022, data analyzed by MarketWatch show.
With…
