Fewer Home Sales in Atlanta Area, Market Conditions Remain Favorable
Home sales in metro Atlanta in April were down nearly 3% when compared to a year earlier, while the median sales price of a home in the area rose 3.7% during the same time period to $282,000. Conditions remain favorable for buyers, as home mortgage interest rates remain low and the economy remains strong. However, competition for homes, tariff-related price increases, and growing student loan debts continue to keep many potential homebuyers out of the market.
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