Charlotte is predicted to have a 19.0% combined growth rate in the real estate market according to a Realtor.com report. This factors in new projects, sales growth, and appreciation of property. This only makes sense with the mass exodus from the northeast and west coast as the pandemic has accelerated anticipated growth in North Carolina’s most populated city.
One important insight into the report is that Charlotte is the only southeastern city listed in the report. Charlotte’s favorable year-round weather, high quality of life, and strong school systems contribute to the city and region’s growth. With access to the beach and mountains, there are no signs of slowing growth anytime soon.