Current Market Data

2021 ends with a bang in new-home sales 

Builders started to make headway against supply-chain issues that have hampered construction of homes in the face of high demand. 

Record low inventory drives housing prices in Atlanta higher, sales lower in December

Atlanta’s housing inventory fell 22.3% year over year in December to a record low of a one-month supply, Atlanta REALTORS® Association reported.

Atlanta rents, mortgages both on the rise and breaking records

Rising prices and rates are driving up mortgage payments which are pushing up demand for rentals.

Price appreciation in new vs. existing homes: CoreLogic investigates

New homes and existing homes are appreciating at similar rates, according to a new report from CoreLogic.

Inventory falls 40% from pre-pandemic levels, as home values accelerate

Rent growth also slowed in December, posting the lowest monthly increase since February 2020.

Existing-home sales slide in December while prices continue to climb

“December saw sales retreat, but the pull back was more a sign of supply constraints than an indication of a weakened demand for housing.” — NAR chief economist Lawrence Yun

Housing starts rise in December on strong multifamily sector

While multifamily starts surged 13.7% compared to November, the pace of new single-family housing construction slid 2.3%, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.

Home supply sees largest decline since pandemic’s start

December housing sales fell lower than they have since the start of the pandemic, a new Redfin report found.

Inflation worries sap builder confidence in January

“While lean existing home inventory and solid buyer demand are supporting the need for new construction, the combination of ongoing increases for building materials, worsening skilled labor shortages and higher mortgage rates point to declines for housing affordability in 2022.” — NAHB Chairman Chuck Fowke

December brings cooling apartment rents to some parts of metro Atlanta

Decatur and the city of Atlanta saw the greatest monthly declines in the median rent for a one-bedroom apartment in December, while Smyrna and Alpharetta had the greatest increases, online listing agent Zumper reported.

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