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Atlanta Springs Forward

by The 100 Companies

Strong home price growth, an increase in pending home sales, low interest rates and strong consumer optimism propelled Atlanta’s residential real estate index forward in March.

The Cal-Culator rose 0.1 to bring the March index to 6.4 after Atlanta posted stronger home price growth than the 20-city and 10-city indices and due to an increase in the number of Atlanta renters who say they are expecting to purchase a home in the next year.

Unfortunately, continued low levels of first-time homebuyers and the ongoing inventory crunch are still negatively affecting the region. The next index will be released April 12.

– Cal Haupt, Southeast Mortgage


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