Soaring home prices in Charlotte outpace national growth

CHARLOTTE — Home prices in the Charlotte metro continue to soar at double-digit rates, as evidenced by two separate trackers of U.S. housing values that came out Tuesday.

The S&P CoreLogic Case-Shiller index shows prices in the Charlotte area rose 13.5% year over year in March, slightly above the national increase of 13.2%.

[More workers in Charlotte feeling burned out than in other places]

The local gain also eclipsed the 13.3% jump seen by the 20-city composite and the 12.8% increase logged by the 10-city composite that same month. Each of those three measures saw annual gains rise by more than a percentage point from February.

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