At the same time, sales activity continues to be strong, with volume rising 33.5% year over year in March.

Year over year, however, rents rose, the online listing agent reported.

Home prices posted monthly and yearly gains in January across the U.S. as well, according to the S&P CoreLogic Case-Shiller Indices.

Redfin Chief Economist Daryl Fairweather lays out five key predictions for the housing market in a post-pandemic world.

Atlanta’s housing inventory fell to 7,571 homes for sale from 14,962 a year ago, according to the Atlanta Realtors Association.

Atlanta was the sixth most-searched U.S. city by Redfin.com users looking to relocate to different metro areas in January and February, the online real estate broker said in a new report. Atlanta’s popularity comes as homebuyers, often freed from

Much of the year-over-year increase in home sales was supported by continued robust activity in the Southeast, which saw a 20.2% rise to an annual rate of 458,000 transactions.

For the first time since March 2020, home-price growth in urban areas surpassed that of suburban and rural locations. 

The median sale price of a home in Atlanta was $286,000 in February, a 2.9% increase month over month and a 14.4% increase over last year.

Eighty-eight percent of all homebuyers said they used an agent as a source of information during their search, and 91% of millennials age 22 to 30 said the same.

Bigger is better when it comes to houses on the market, according to a new report from Realtor.com.

The 12-county metro region saw home sales jump 21.7% to $1.97 billion during the month, as the median sales price rose 15.7% to $295,000, according to Georgia MLS.

Atlanta’s median monthly rent for a one-bedroom apartment was $1,500 in March, placing it in a tie with Seattle for 16th place among U.S. metros, according to a report from the online listing agent.

It also ranks among the top 15 states in the economy, infrastructure, opportunity and fiscal stability categories.

“More jobs are very likely, due to the near certain passage of the $1.9 trillion stimulus package and from two million vaccinations per day,” National Association of Realtors chief economist Lawrence Yun said in a release.

The increase follows a decline earlier in February that cut the number of homeowners in forbearance plans to less than 2.7 million, the first dip below that threshold since April 2020.