Charlotte the sole metro area to see 1Q home-price gains
Charlotte was the only U.S. metropolitan area to record a first-quarter gain in housing prices among the 20 markets tracked by Standard & Poor's and Case-Shiller.
The year-over-year price of existing single-family homes in the Queen City grew 0.8 percent in the latest quarter, according to the S&P/Case-Shiller Home Price Index.
Nationally, first-quarter prices declined 14.1 percent from a year earlier in the cities the index tracks.
Las Vegas and Miami were the weakest markets. Las Vegas posted a 25.9 percent decline in prices, and Miami recorded a 24.6 percent drop.
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