LAKE NORMAN RECOVERS FROM DECEMBER SOFTNESS TO POWER INTO 2ND QUARTER

Following the 4th quarter of slowness due to stock market volatility and rising mortgage rates, the Lake Norman Luxury Real Estate market recovered to a strong end to 1st quarter and 2nd quarter momentum.

Showings were up 14%, suggesting strong 2nd and 3rd quarter sales growth from a year ago (which was a record year of sales).  Denver and North Shore saw 20% growth from a year ago, Davidson and Mooresville were over 10% ahead of last year, and Cornelius was down 3% Рas it experiences competition from Denver and North Shore.

Lake Norman Showings - 3

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