Read Today’s Top Story: Early May is the most profitable time of year to list in Atlanta

Current Market Data

Pending-home sales fall to 10-year low

Nevertheless, home prices are expected to continue rising through the end of the year, according to the National Association of REALTORS®. 
Atlanta REALTORS®: Median Atlanta home price breaks $400,000 for first time

The record-high price for Atlanta real estate was set in April, as home sales fell 13.8% from a year ago. 
Where does Atlanta land on list of greenest cities?

Atlanta was No. 4 for electric vehicles and No. 9 for vegan options, but its scores in the other categories brought down its overall ranking.
New residential sales fall in April as home prices, mortgage rates continue to climb

The rate of new single-family home sales fell 16.6% from March’s revised number, while the median sales price jumped to $450,600 from March’s revised median house price of $435,000. 
“Unusual” market in April as home sales slow, but listed homes still sell quickly and at high prices

The inventory of unsold homes increased in April, while the median existing-home sales price rose, according to the National Association of REALTORS®.
Single-family home construction slows for second month in a row as apartment starts jump

“Builders are responding to higher mortgage rates and are chasing rising rents, with fewer homebuyers and more renters being forced to renew their leases.” — NAR Chief Economist Lawrence Yun 
NAHB: Builder confidence plunges in May on affordability concerns

The release of the monthly survey from the National Association of Home Builders comes as the Biden Administration unveiled a housing-supply action plan that aims to boost the supply of affordable apartments and new homes. 
Less buyers doesn’t mean more available homes

Despite the drop in demand, homes are selling faster than ever.
Can $150,000 buy a home in Atlanta?

The data illustrates the struggle for first-time homebuyers trying to get a foot in the housing door in the country’s largest markets.
Mortgage applications rise for second week despite historically high rates

Despite a slow start to the spring homebuying season, prospective buyers are showing some resiliency in the face of higher mortgage rates, as seen by two weeks in a row of increasing loan applications. 
Sellers drop prices as buyers continue to find little relief

Homes are selling at record-breaking speed.
GAMLS: Atlanta home sales slide in April as active listings surge

Active listings in the Atlanta area rose 19.9% compared to March, while the number of homes sold fell 6.1%, Georgia MLS reported. 
Smaller markets lead the way in Q1 home-price gains; Atlanta sees 25.4% rise

Seventy percent of the 185 metros surveyed by the National Association of REALTORS® saw double-digit price gains in the first quarter, compared to 66% in the preceding period. 
Atlanta Housing Scorecard: Existing-home sales, housing inventory fall

Days on market dropped to 41 from 51, while housing starts rose from 3,627 to 4,419.
Mortgage applications fall as rates hit 13-year high

Overall mortgage-application volume was at its lowest level since 2018, the Mortgage Bankers Association said.

Home prices climb nationally and in Atlanta, which ranked No. 9 for annual percentage growth

Home prices nationwide continued to climb higher in February compared to 12 months ago, according to the S&P CoreLogic Case-Shiller Indices.

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