By the Numbers

CoreLogic expects prices to continue to grow through the year.

The pace of sales, however, continued to slow on a yearly as well as a monthly basis.

The pace of home sales, however, fell, Georgia MLS reported.

RentCafe analyzed apartment sizes in ZIP codes across the country to determine which areas give the typical renter the most bang for their buck.

The only region of the U.S. that didn’t experience an annual decline in existing home sales was the Midwest, where sales were unchanged year over year.

At the same time, the pace of sales continued to slow.

The median price of a new home sold during the month fell to $418,800 from $433,100 in August, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.

At the same time, home sales dropped 20.3% to 4,371 transactions.

The median existing-home price for all housing types in September was $394,300, up 2.8% from $383,500 in September 2022.

Specifically, single-family homes were built at a seasonally adjusted annual rate of 963,000, up 3.2% from 933,000 in August and up 8.6% from 887,000 a year earlier, according to government figures.

A 15% rise in applications for adjustable-rate mortgages drove overall mortgage applications higher in the most recent weekly survey.

The median sale price also declined, but new listings rose.

Located at 4665 Riverview Road in Sandy Springs, the 17,776-square-foot Chestnut Hall is the most-expensive home for sale in Georgia.

Regionally, pending sales were down across the board on both a monthly and an annual basis, the National Association of REALTORS® said.

At the same time, home sales slid 15% year over year to 5,088 transactions, the smallest annual decline of 2023.

Total housing inventory at the end of August was 1.11 million units, up 3.7% from July but down 14.6% on a year-over-year basis, the National Association of REALTORS® said.