A flood of new housing data reveals that the Atlanta housing market is continuing its rapid recovery. RE/MAX indicated that April home sales were greater than any other April since the company began collecting data in 2008. S&P Dow Jones’ Weekly Economic Roundup discovered housing starts reached a seven year-high.
In perhaps the most promising news, CoreLogic revealed Atlanta is now the third fastest growing housing market in the nation with sales up 10 percent.
As a result, the May Cal-Culator index rose to 6.6 – a record high. Stay tuned for the next column to be released on July 14.
– Cal Haupt, Southeast Mortgage