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If you haven’t noticed the Atlanta real estate market improving, you haven’t been paying attention. The latest data from S&P Dow Jones Indices’ shows home price growth is at its strongest level since July and existing home sales have recently jumped to their highest rate in 18 months, according to the National Association of Realtors.
Home prices, sales and continued positive builder confidence led Atlanta’s residential real estate index, the Cal-Culator, to increase 0.2 to 6.6 in April.
The next column, featured in SaportaReport, will be released June 9 and I anticipate will reflect positive growth in Atlanta’s recovering market.
– Cal Haupt, Southeast Mortgage