Days on market declined, as did housing inventory, according to the latest Atlanta Housing Scorecard.
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Category: Current Market Data
December pending home sales surge past expectations
Pending home sales rose 8.3% month over month, the National Association of REALTORS® said, marking the largest monthly jump since 2020.
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December new-home sales jump 8%
Declining interest rates spurred the increase.
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Atlanta takes 7th place among top 25 cities for coworking space
In Atlanta, the number of coworking spaces rose quarter over quarter in Q4, and the city’s total square footage of coworking space rose as well.
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NAR: Existing-home sales slid 1% in December but are expected to rise
At the same time, the median sales price rose 4.4% to $382,600.
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Builder confidence jumps in January on falling mortgage rates
The NAHB/Wells Fargo Housing Market Index (HMI) rose seven points to 44, its second monthly increase in a row.
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Home listings grow as prices stabilize
Home listings grew in December as housing prices stabilized, closing out an interesting 2023 for the real estate market.
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Falling mortgage rates, rising listings mark house hunters return
With mortgage rates dropping to their lowest levels in almost a year, house hunters are returning to a market that many had shied away from in 2023.
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CoreLogic: Home-price gains accelerated in November
CoreLogic expects prices to continue to grow through the year.
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GAMLS: Median Atlanta sales price rises 3.3% year over year
The pace of sales, however, continued to slow on a yearly as well as a monthly basis.
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