The number of homes sold in the Charlotte region fell again in April, dropping nearly 3% compared with April 2025.That’s according to the latest data from Canopy, the Charlotte-area Realtor association. The decline is driven by mortgage rates above 6%, along with rising costs and inflation.Despite the slowdown in sales, prices continue to climb. The average sale price for a home in Charlotte rose to just over $522,000.
-
Flickr/lexie.longstreetBuyers venturing outside Mecklenburg now find fewer deals and tighter supply than in the past, as rising demand and development constraints push up prices. -
Tanya Banks for The Charlotte LedgerThis weekend is the unofficial start of summer, and just in time for the Memorial Day holiday, Lake Lure is reopening. It had been closed since Hurricane Helene hit western North Carolina almost two years ago. The Charlotte Ledger Business Newsletter looked at what the reopening means for the area, which is heavily dependent on tourism. The Ledger’s Tony Mecia joins WFAE's Marshall Terry for our segment BizWorthy.
-
North Carolina controls liquor sales through a post-Prohibition network of local ABC boards and state-set prices. A new bill would loosen some rules, but some are once again pushing to privatize the system. -
The new location means passengers can deplane, retrieve their checked bags and then pick up a rental car without having to backtrack like they currently do. -
In Fayetteville, some 1,700 workers are expected to lose their jobs as the Goodyear Tire plant plans to shut down by the end of next year. The company says the closure is part of an effort to stay competitive in a difficult market. Goodyear recently reported steep first-quarter losses, citing falling tire demand and rising costs tied to conflict in the Middle East. The Fayetteville plant opened in 1969 and is one of Cumberland County’s largest employers.
-
Spark Centro broke ground Thursday in east Charlotte, marking the start of a major investment aimed at expanding jobs, entrepreneurship and workforce training in the area. -
WFAE’s Palmer Magri shares five things you shouldn’t miss at this year’s Truist Championship at Quail Hollow Club — from walking the Green Mile and exploring new fan zones to using the PGA app to follow stars like Rory McIlroy and Adam Scott, hitting the merchandise tent and knowing what to pack (and budget for) before you head out. -
Last week at this time, we talked about big changes in the works for part of South Tryon in uptown Charlotte. This week, we are going to talk about big changes that could be coming to a prominent block in Plaza Midwood. The Charlotte Ledger Business Newsletter’s Ashley Fahey joined WFAE’s Marshall Terry for our segment BizWorthy. -
A longtime cotton manufacturing company in Plaza Midwood will repurpose and industrialize for multiple uses. -
A proposed merger between Atrium Health and WakeMed is drawing pushback from state leaders over transparency and the specter of rising costs. Wake County commissioners have delayed a key vote as questions mount. -
Atrium Health is seeking to take over WakeMed. Officials throughout state government urged the proposed deal to slow down after news broke Friday afternoon. -
Average gasoline prices in Charlotte have risen more than 16 cents per gallon over the past week and now average $4.03 per gallon, according to GasBuddy’s survey of 665 stations across the city.Prices in Charlotte are just over 12 cents per gallon higher than they were a month ago and $1.12 per gallon higher than this time last year.
MORE BUSINESS & ECONOMY NEWS
