A RETURN TO ‘NORMAL’? THE STATE OF REAL ESTATE IN 2022

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Last year was one for the real estate history books, and I’m not sure any of us knows what “normal” is anymore. The pandemic helped usher in a buying frenzy that caused home prices to soar here in the Charlotte area by an average of 13.2% from October 2020 to October 2021 and nationwide by a record 19.9% between August 2020 and August 2021.1