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At the same time, the inventory of new homes for sale rose 10.7%, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported.
The pace of new multifamily construction, however, jumped, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.
At the same time, the median existing-home price rose 13.4% year over year to $416,000.
Nationwide, sales hit their highest level of the year, rising 4.7% from June but falling 17.6% on a year-over-year basis, RE/MAX said.
July saw the NAHB/Wells Fargo Housing Market Index post its second-largest monthly drop ever, as worries about housing affordability dampened builder sentiment.
Several Atlanta-area real estate agents made this year’s Top 250 Latino Agents rankings from the National Association of Hispanic Real Estate Professionals.
About 14.9% of home-purchase agreements nationwide fell through in June, the highest percentage in more than two years.
In honor of Embrace Your Geekness Day — July 13, apparently — Lawn Love has compiled a list of the geekiest cities in the U.S. Atlanta ranks at No. 4.
According to the annual survey, the typical Realtor saw their transaction sides rise from 10 to 12 and their sales volume increase from $2.1 million to $2.6 million.
The residential-brokerage franchisor announced a host of company-wide steps it is taking to grow its business.
A new report from ShowingTime reveals a continued drop in home showings nationwide: During May, buyer traffic decreased 18.2% year over year.
Prices for single-family homes in Georgia increased by 23.8% year over year in May, marking the seventh-highest home price growth in the nation.
Housing inventory was also falling in the most recent Housing Scorecard.
Realor.com has compiled a list of the 10 markets where homes are lingering the longest — giving buyers a rare edge.
The number of homes available to buyers climbed 18.7% in June, the sharpest year-over-year increase in the history of the report.
What does the latest S&P CoreLogic Case-Shiller Index reveal about Atlanta real estate?
