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Home Prices Continue to Rise in Atlanta

In the Atlanta metro are continuing to climb, at a rate that is so high, Atlanta’s growth is outpacing the rest of the nation. Atlanta home values have risen 15.7 percent in the first quarter of 2014, where the growth overall for the country is at 10.3 percent, according to the data compiled by the S&P Case-Shiller Home Price Index released this month. While still relatively high, the percentage increases have been moderating since last spring. Atlanta prices, overall, ticked up just one percent between February and March of this year.

If you are interested in moving to Atlanta, acting soon would be ideal as the prices continue to rise and availability for desired homes will decrease. With relatively few existing homes for sale, new construction is increasingly important, and building has picked up to meet expected demand. One-third of the new townhomes are being built in the north half of Fulton County, and inventories now are inching back toward the trend line of supply before the massive over-building of the boom.

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