Atlanta home prices increase faster than the national average

Home prices in the metro Atlanta area rose 6.5 percent in January compared to the same time a year ago. That was a faster rate than home prices appreciated nationwide. According to the S&P CoreLogic Case-Shiller U.S. National Home Price Index released Tuesday, the national increase was 6.2 percent, down from 6.3 percent in December. “Two factors supporting price increases are the low inventory [nationwide] of homes for sale and the low vacancy rate among owner-occupied housing. The current months-supply…

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