Metro Atlanta Home Sales Decline in October While Prices Continue to Rise

Although home sales in metro Atlanta were down in October, prices continued to rise. Home sales in October declined by 5.3% from the previous month, but median home prices in the area rose to $263,000, an increase of over 9% when compared to prices a year ago. Analysts expect the local housing market to remain strong into 2019 as long as developers continue to add new inventory in order to keep up with rising demand.

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