Existing home price growth in Winston-Salem has slowed down for the third consecutive month in February. Home prices rose by a 17.4% year-over-year rate in February, compared with 18.7% in January and 19.1% in December, according to a recent report from national real estate research firm CoreLogic.

By comparison, home prices in the Greensboro-High Point MSA increased 19.3% year-over-year in February, along with 17.4% in January and 17.2% in December.

Among North Carolina’s metro areas, Winston-Salem came in fifth in terms of growth rate in February. In this same month, the Raleigh-Cary MSA logged the highest growth rate at 30.9%, while prices in the Durham-Chapel Hill MSA and Charlotte-Concord-Gastonia MSA increased by 27.2% and 23.9%, respectively. 

If you’re interested in purchasing a home or refinancing your current home in Winston-Salem or the surrounding areas, give us a call! We can discuss your financial goals and discuss a loan program that might be right for you.