Two weeks after housing inventory turned negative, home prices posted a healthy increase, MarketNsight said. 

High mortgage rates and limited inventory continued to weigh on sales activity, National Association of REALTORS®Chief Economist Lawrence Yun said. 

During the second quarter, the city saw significant gains in the number of coworking spaces as well as total coworking square footage, CoworkingCafe found. 

Chicago-based brokerage Fulton Grace Realty is expanding into Arizona with its first franchise partner.

As part of the deal, CARROLL’s founder and CEO, Patrick Carroll, will leave the apartment firm. 

The industry group issued its housing-market forecast along with its monthly Pending Home Sales Index for June. 

National Association of REALTORS® Chief Economist Lawrence Yun took issue with the increase, saying the central bank has created “a rare and very tight monetary policy condition.” 

StorageCafe ranked the 50 largest cities in the U.S. by median home and lot sizes, and Atlanta came out second, behind Raleigh, N.C. 

Year over year, housing inventory turned negative for the first time in 13 months in June, the real estate data provider said. 

The median existing-home price for all housing types in June rose to $410,200, 0.9% less than the all-time high of $413,800 reached in June 2022, the National Association of REALTORS® said. 

Atlanta ranked No. 25 among the 150 largest U.S. cities for educational attainment and quality of education. 

Low inventory and high demand are buoying builder sentiment in the face of several headwinds. 

The drop in the pace of new-home construction follows a significant surge the month before, according to government statistics. 

The Columbus-based builder and its parent, American Southern Homes, were rebranded with other units under a strategic unification. 

Despite the declining rate of increase, home prices have risen for the last 136 months, CoreLogic said. 

Wallethub evaluated 182 U.S. cities based on professional opportunities and quality of life, and Atlanta came out on top.