A window into the Charlotte region’s housing market in May showed a slight decline in home sales and continual price gains from the previous year.

Inventory, too, remained depleted, with just a 2.5-month supply — or 9,795 homes — on the market, according to the Charlotte Regional Realtor Association’s monthly report, released on Thursday. The number of residences for sale dropped 20.2% from May 2016, when the Charlotte area had a 3.4-month supply. A six-month level is typically considered a…

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