By the Numbers

Atlanta REALTORS®: Multiple offers returned in March 

At the same time, home sales dropped 26% year over year in Atlanta, and the median sales price rose 0.5%.     

Atlanta bucks national slowdown in building permits in 2022 

Both Atlanta and the state of Georgia saw healthy annual increases in new residential permits last year, defying a broader nationwide contraction. 

March brings rise in single-family construction 

U.S. government data shows builders increased the pace of single-family home construction while slowing the pace of multifamily starts. 

New-home share of Atlanta market jumps 89% in March 

Data provider MarketNsight said the year-over-year increase stemmed from higher interest rates that have kept existing homeowners from selling. 

NAHB: Builder confidence rose again in April 

The National Association of Home Builders/Wells Fargo Housing Market Index rose for the fourth month in a row in April as the construction industry remained “cautiously optimistic.”     

GAMLS: Atlanta home sales jump in March as spring-selling season begins

At the same time, new listings surged, and the median sales price was flat

Mortgage rates decline for fourth consecutive week

This was the fourth week in a row of declines, leaving prospective buyers hopeful for sustained low rates throughout spring homebuying season.

Atlanta Housing Scorecard: Starts slide while inventory rises

Sales of existing homes declined while the number of days they spent on the market rose, according to the April edition of the Housing Scorecard.

Optimism for spring selling season grows with third monthly rise in pending sales 

The National Association of REALTORS® Pending Home Sales Index rose for the third month in a row, suggesting the housing market’s contraction could be “coming to an end.” 

Pace of annual home-price gains slows again in latest Case-Shiller; Atlanta sees 8.4% increase

In Atlanta , home prices rose 8.4% year over year and slid 0.3% month over month.

Atlanta home sales drop 27.7% as prices continue to rise 

Total housing inventory rose 39.9% from February 2022 to 9,230 units, while new listings totaled 5,416, Atlanta REALTORS® Association said. 

New-home sales rise 1.1% in February as median-sales price surges 

The supply of new homes for sale ticked lower from February, according to government figures.

NAR: Existing-home sales jump in February, ending a year of declines 

The annual rate of 4.58 million sales was up 14.5% from January but down 22.6% from the February 2022 rate of 5.92 million. 

Housing starts post major gains in February 

A shortage of existing-home inventory is driving more people to the market for newly built homes. 

Builder confidence rises again in March 

Homebuilders expressed “cautious optimism” that the lack of existing inventory would drive demand for new homes despite high construction costs and interest rates, the National Association of Home Builders reported.    

MBA: Mortgage applications rise 7.4% despite increased rates 

The Mortgage Bankers Association noted the increase in borrowing activity came despite the 30-year fixed mortgage rate climbing to its highest level since November 2022. 

New Subscribe

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