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Charlotte, NC

Multifamily · primary market · Charlotte-Concord-Gastonia, NC-SC · population 2,712,818

Asset classIndustrialOfficeRetailMultifamilyLandResidential

Score

+0.32 Expanding

Public data alone: +0.32. No firm read has been written for this market, so the score is the public data and nothing else.

Macro economic

+0.10Flat35% of the score

unemployment rate (3.6%) and job growth (+1.2% YoY) lead the read; labor force growth (−0.5% YoY) pulls against them. 2 others sit near neutral. All 5 indicators reported.

Show the 5 indicators behind this
IndicatorPublishedScoredAs ofSource
Average hourly earnings growth (YoY)+3.1% YoY+0.042026-07-01fred · SMU37167400500000003
House price index change (YoY)+1.5% YoY−0.082026-04-01fred · ATNHPIUS16740Q
Job growth (total nonfarm, YoY)+1.2% YoY+0.292026-07-01fred · CHAR737NA
Labor force growth (YoY)−0.5% YoY−0.452026-06-01fred · CHAR737LFN
Unemployment rate (level and direction)3.6%+0.602026-06-01fred · CHAR737URN

Published is the figure the source released; scored is that figure mapped onto the −1 to +1 scale by market-thresholds.json. Dates differ because the sources publish on different schedules — employment monthly, home prices quarterly, census structure annually.

Multifamily specific

+0.52Expanding40% of the score

Nothing that reported is negative. median gross rent growth (+7.7% YoY) is the strongest input. 1 other sits near neutral. All 2 indicators reported.

Show the 2 indicators behind this
IndicatorPublishedScoredAs ofSource
Median gross rent growth (YoY)+7.7% YoY+0.932023-12-31census · B25064_001E
Renter-occupied share34.2%+0.102023-12-31census · B25003

Published is the figure the source released; scored is that figure mapped onto the −1 to +1 scale by market-thresholds.json. Dates differ because the sources publish on different schedules — employment monthly, home prices quarterly, census structure annually.

Your read

—25% of the score

Nothing is written for this market yet, so the score above is the public data and nothing else. A read of your own is for the SPECIFIC, CHECKABLE events that move a market before they reach a government series — a fabricator breaking ground, a port expansion, a rail spur, an entitlement that just cleared, a single tenant taking a million feet.

Worth 25% here, and reserved for it: a read of your own changes your firm’s view of this market and nothing else — the public score stays exactly as it is. Writing one is not open yet.

Take this away

Every indicator behind this market, with its published figure, its scored value, its as-of date and the series it came from — as a spreadsheet.

CSV opens directly in Excel, Google Sheets and Numbers. The file carries its own provenance line, because a column of scores in a client email needs to say where it came from.

An automated indicator built from public government data and, where written, a firm’s own read. Not an appraisal, not investment advice, and not a substitute for underwriting a specific property. Every input, weight and source is shown above so the number can be checked.