By The Numbers

Atlanta Realtors: March brings 33% monthly jump in metro home sales
Atlanta Realtors: March brings 33% monthly jump in metro home sales

Atlanta’s supply of homes for sale in March was 7,426 units, representing a 55.8% drop from a year earlier.

Millennials gain a foothold in today’s housing market
Millennials gain a foothold in today’s housing market

Since 2016, millenials have comprised the largest share of home-purchase mortgage applications, rising even higher in 2020, when they made up more than half of overall applications, according to a recent CoreLogic report.

RE/MAX: Median sales price tops $300,000 for first time
RE/MAX: Median sales price tops $300,000 for first time

Nationally, home sales were brisk, with an average of 38 days on market, just two more than the record 36 days set in November 2020.

New home construction surges in March, suggesting relief for homebuyers
New home construction surges in March, suggesting relief for homebuyers

Privately owned housing starts jumped 19.4% from February’s revised estimate to a seasonally adjusted annual rate of 1,739,000, according to the U.S. Census Bureau and the Department of Housing and Urban Development

NAHB: Builder confidence rises in April, despite cost headwinds
NAHB: Builder confidence rises in April, despite cost headwinds

The National Association of Homebuilders expects continued growth in single-family construction through the rest of 2021, although at a slower pace than that of 2020.

Zillow: Most experts expect relief to supply woes later this year, early 2022
Zillow: Most experts expect relief to supply woes later this year, early 2022

Forty-three percent of respondents to the first-quarter Zillow Home Price Expectations survey expect inventory to improve in the second half of the year, followed by 26% who expect it in the first half of 2022.

Atlanta’s housing supply shortage expected to continue for some time
Atlanta’s housing supply shortage expected to continue for some time

The housing supply shortage is expected to get more extreme as homebuyer demand continues to outweigh inventory levels, a new study found.

GAMLS: Atlanta active listings down 64%
GAMLS: Atlanta active listings down 64%

At the same time, sales activity continues to be strong, with volume rising 33.5% year over year in March.

Zumper: Atlanta apartment rents slide month over month in March
Zumper: Atlanta apartment rents slide month over month in March

Year over year, however, rents rose, the online listing agent reported.

S&P Case-Shiller: Atlanta home prices continue to climb
S&P Case-Shiller: Atlanta home prices continue to climb

Home prices posted monthly and yearly gains in January across the U.S. as well, according to the S&P CoreLogic Case-Shiller Indices.

New Subscribe