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Charlotte isn’t building enough housing to keep up with the influx of people moving to our region, meaning for many, it’s becoming unaffordable to live here, a new report from UNC Charlotte’s Childress Klein Center for Real Estate found.
While the Charlotte housing market shows signs of softening, homes in the region that are priced affordably are becoming increasingly difficult to find.
There's a new report out this week from the Childress Klein Center for Real Estate at UNC Charlotte that breaks down trends in the region's housing market. The “2022 State of Housing in Charlotte Report” puts in stark relief the dramatic drop in affordability in the eight-county area analyzed that's happened in just the last few years.
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Affordable housing is getting even harder to find in Charlotte, and the fastest price increases are happening on the cheapest end of the market.
Finding an affordable home to buy or rent in the Charlotte region has gotten even more challenging over the past year. This year’s State of Housing in Charlotte Report released Tuesday, Nov. 15., looks at exactly how much harder it is.
The new report shows from 2019 to 2021, the population in the Charlotte Metropolitan area grew by 64,000 people.
