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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?

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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:

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