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Market Beat

Charlotte, NC : Office Snapshot - Q4 2013

A research produced by

The economic picture continued to improve in the 4th quarter, with many indicators reaching their best levels in years. Metro-region unemployment dropped to 6.9%, the lowest since 2008, and mirroring the national unemployment low of 7%. The number of home closings in the Charlotte region climbed to over 34,000, 25% higher than 2012 levels, with median prices increasing 7.5%.

One economic survey predicts that nearly 7 percent of the regional population expects to purchase a house in the coming six months, which is a post-recession high. Finally, Charlotte continues to benefit from a seemingly constant flow of new residents relocating into the area

Source : Cushman & Wakefield