Tuesday, October 18, 2016

Atlanta home demand continues to drop while prices continue uptick

Atlanta’s housing market isn’t following the typical rules of economics. According to the Atlanta Realtors (ARA) Market Brief on residential housing statistics for 11 area counties in metro-Atlanta, September demand dropped while prices continue to uptick. September residential sales were at 4,383, a decrease of 1.9 percent from the previous year. However, average and median sales prices continue to gain traction and outpace 2015’s figures, with positive gains. The median sales price in September…

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