In Atlanta, 34.9% of Redfin offers faced competition 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 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. 

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

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

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.

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

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

The housing market is starting to become more balanced.

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. 

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

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.

CommercialCafe named Atlanta as the best U.S. city for Gen Z, citing its parks per capita as a particularly strong draw for the active demographic. 

The median price first topped $400,000 in May, when it rose 3.6% from April to hit $409,400. It rose again in June to $411,375 before beginning its retreat last month. 

Mortgage applications, pending sales, new listings and overall inventory saw large declines in August.

Nationally, builder confidence posted a steep decline.