Current Market Data

Atlanta homes selling faster than ever, as prices continue to rise
Atlanta homes selling faster than ever, as prices continue to rise

Homes stayed on the market for 18 days less than they did last year, at an average of 31 days.

S&P CoreLogic Case-Shiller: Atlanta home-price gains accelerate
S&P CoreLogic Case-Shiller: Atlanta home-price gains accelerate

Nationwide, the seasonally adjusted housing index rose 1.1% month over month in February and 12% year over year, up from monthly and yearly increases of 0.8% and 11.2% in January, respectively.

Housing inventory surge shows signs of relief for buyers
Housing inventory surge shows signs of relief for buyers

The boost in inventory shows signs of seasonal norms as supply starts to catch up with demand.

New-home sales surge 21% in March
New-home sales surge 21% in March

The median sales price fell in March to $330,800 from $345,900 in February and rose relative to March 2020, when the median price was $328,200.

Forbearance rate drops to 4.5%
Forbearance rate drops to 4.5%

As the economy slowly recovers from the early days of the pandemic, the share of loans in forbearance dropped for the seventh consecutive week, signifying a 40-basis-point decrease in the last two weeks.

Atlanta rents up after a year of COVID
Atlanta rents up after a year of COVID

Rent rates nationwide have been decreasing since the onset of the pandemic, but new data shows that in some cities, this could be changing in the near future.

NAR: Atlanta’s spring market most competitive in years
NAR: Atlanta’s spring market most competitive in years

Inventory of existing and new single-family homes for sale is at its lowest since 1982, according to recent data from the National Association of Realtors.

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.

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