0
0
0

Housing Affordability in Atlanta Tumbles 26.8%

by Peter Thomas Ricci

Housing affordability has fallen nationwide in the last year; what of here in Atlanta?

nar-housing-affordability-index-home-prices-mortgage-rates-unaffordability-2013-2012-housing-recovery

Housing affordability in the Atlanta housing market fell a whopping 26.8 percent in 2013, according to newly released data by the National Association of Realtors; that was the largest decline among all major metro areas, surpassing even San Francisco.

From 2012 to 2013, the Atlanta area’s Housing Affordability Index declined from 344.0 to 251.8; again, that’s much more than most metro areas, and more than the 18 percent decline the U.S. index saw.

For a much deeper look at the Housing Affordability Index, look at our infographic below:

Read More Related to This Post

Join the conversation

New Subscribe

  • This field is for validation purposes and should be left unchanged.