Home sales, inventory continue downward trend
Closed sales in the Lake Norman market dropped 16% to 178 from 212 in July 2015, while inventory levels dropped by 2.7% to 1,075 from 1,105, according to a monthly report released Wednesday. Months of inventory is still over 6 months at 6.6 months, down from 6.9 months during the same year-ago period, the Carolina …
