Atlanta Home Construction Starts Decline in 4th Quarter 2018

Atlanta Construction Starts Decline in 4th Quarter 2018

Overall housing starts in the Atlanta area dropped in the 4th quarter of 2018, reflecting the largest quarterly decline in nearly eight years for the North Atlanta market. Housing starts in the South Atlanta market, however, increased nearly 14 percent when compared to a year earlier. Real estate analyst attribute most of the decline in North Atlanta to a lack of available lots and stress that demand for housing remains strong throughout the Atlanta region.