Healthy Pace of New Home Construction in Atlanta Area May Temper Price Appreciation
As strong demand for new homes across Georgia and the rest of the US continues unabated, new residential housing starts were up 12 percent in December, the fastest pace of new construction since 2006. Atlanta area real estate experts say that a healthy supply of new housing is necessary to help slow price appreciation across the region. Permits for new housing also increased in December, an indicator that the home construction market should remain healthy well into 2021.
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