Current Market Data

ATTOM: Third-quarter increases in housing costs outpace increases in income

“Homeownership remains largely unaffordable for the majority of homebuyers in the majority of markets across the country,” said Rick Sharga, executive vice president of market intelligence at ATTOM.

National home prices see first monthly drop since January 2019, S&P CoreLogic Case-Shiller Index shows

The price index continued to climb in Atlanta, though, increasing 0.64% from June to July. Year over year, the Atlanta home price index is up 22.4% 

NAR: 2022 Member Safety Report for residential real estate

While 23% of residential Realtors claim they have feared for their safety while on the job, 98% reported that they have never been the victim of a crime while at work.

NAR: High mortgage rates bring third monthly decline in pending-home sales 

The National Association of REALTORS® expects existing-home sales to close 2022 15.2% lower compared to 2021, thanks to economic uncertainty and rising mortgage rates. 

Bidding wars fall to lowest level since April 2020

In Atlanta, 34.9% of Redfin offers faced competition in August.

New-home sales post unexpected rebound in August 

Sales of new homes in the U.S. jumped 28.8% between July and August, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.  

Atlanta named one of the most popular cities to move to during the first half of 2022

Atlanta had one of the highest ratios of people moving in vs. those moving out during the first half of the year, a recent analysis found. 

Atlanta REALTORS®: Home sales drop in August, while inventory, median price rise 

New listings of homes in the Atlanta area were down on a monthly and yearly basis. 

NAR: Existing-home sales fell in August while prices rose 

The median existing-home price for all housing types in August was $389,500, a 7.7% rise from the year before. 

NAR: Charitable giving by REALTOR® associations increased 20% in 2021

The NAR’s Community Aid and Real Estate (CARE) Report shows that REALTOR® associations donated a median of $12,070 this past year, a 20% increase over 2020.

Housing starts surprise to the upside in August 

New-home construction posted a 12.2% month-over-month increase in August, thanks in large part to a significant jump in multifamily building.  

Builder confidence falls for ninth consecutive month 

A continuing combination of increased interest rates, supply-chain disruptions and high home prices has sapped homebuilder sentiment every month this year. 

Sellers lose the upper hand as mortgage rates rise

The housing market is starting to become more balanced.

Atlanta leads U.S. in intown apartment development 

Atlanta’s urban core saw more multifamily units delivered over the last 10 years than any city in the U.S., a StorageCafe study finds. 

30-year fixed tops 6% for first time since 2008 in latest MBA survey 

Mortgage applications declined 1.2% during the week ended Sept. 9, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. 

Modern interior design remains most popular style

Modern homes are still the most popular interior design style, according to a new study from Confused.com, a financial services comparison website based in the U.K.

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