Trends
For data-driven stories, to appear under “Trends” menu
The pace of home sales, meanwhile, remained at “multi-decade lows” even as affordability reached its most favorable level since 2022.
Atlanta placed in the top 15 and outranked popular food destinations like Los Angeles and New York.
The pace of home-price appreciation declined to its weakest pace in 10 years, according to the S&P Cotality Case-Shiller U.S. National Home Price Index.
Searches for “fixer-upper” on Realtor.com in July 2025 have more than tripled in volume compared to four years ago.
Of the 20 counties with the highest flipping rate in the second quarter, 13 were in Georgia.
The pace of new-home sales hit an annual rate of 800,000, its highest level since January 2022.
Fannie Mae also reduced its forecasts for home sales in 2025 and 2026.
The decline in sales came as a 17-month run of year-over-year increases in new listings came to a close.
Atlanta boasted some of the most affordable cappuccino prices and ranked in the top five metros for spots with free Wi-Fi.
The move was widely anticipated and is expected to be followed by additional cuts this year.
Atlanta’s housing supply increased by 7,858 homes in August, marking a 30% gain from the same month last year.
The jump in mortgage activity was driven in large part by refinancings, which surged 58% in the week ended Sept. 12.
At the same time, completions of new single-family homes were on the rise last month, according to federal statistics.
The National Association of Home Builders said its monthly builder-confidence survey indicated rising optimism that lower interest rates could spur new-home buying activity.
The Atlanta metro area received a “buyer” designation on Zillow’s Market Heat Index.
The surge comes as the rate on a 30-year fixed-rate mortgage fell to its lowest level since October 2024.
