Growth of Home Prices on an Annual Basis Slows, But Changes Could Lie Ahead

While the growth of home prices on an annual basis has slowed in Georgia and across the country, real estate market analysts say that changes could lie ahead. Home prices increased 3.1% in June, the 15th month of slowing home price growth.  As lower home mortgage interest rates attract more home buyers to the market, however, home prices are expected to start increasing at a more rapid rate in the coming months.

Buying a new home in the Atlanta area? Refinancing a Georgia home mortgage loan? Contact Peachtree Mortgage Services, Inc. at 770.481.052 or peacmtg@bellsouth.net


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