Charlotte Market Pulse

June 1st


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  • Mortgage rates remain under 7% with 30-year averages around 6.36% and 15-year around 5.71%.
  • A new, still-unnamed neighborhood is taking shape north of NoDa near the Sugar Creek light rail stop.
  • The Excelsior Club site in west Charlotte is seeking rezoning for a $7.8M rebuild plan.
  • Rising credit card and auto delinquencies are adding cost pressure for many households.
  • The Fed is debating new inflation measures, which could influence the timing of future rate cuts.


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Charlotte Market PulseBy Patrick Laraway