Home prices in the Charlotte market fell 5.1 percent for the year ended in May, according to the Standard & Poor’s/Case-Shiller Home Price Index.
The good news: That’s a slight improvement from the previous month, when home prices here plunged 6.6 percent for the year ended in April. That was the lowest point for Charlotte since 2006, when the home price index began tracking housing markets.
On a month-to-month basis, prices in May rose 0.8 percent from April levels.
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