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Atlanta Housing Market Cools: Sales Down 4.6%, Prices Up

5/30/2025

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Summary

Story summary

Atlanta's housing market is cooling, evidenced by a 4.6% decline in home sales year-over-year in April.
The city has the highest home-purchase agreement cancellation rate in the U.S. at 20%.
Investor activity has plummeted by 65% since the pandemic peak, affecting demand and pricing.
Although inventory is rising, the median home price has reached $440,000, a 5.4% increase from last year, with potential declines anticipated.

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Story summary

Atlanta's housing market is cooling, evidenced by a 4.6% decline in home sales year-over-year in April.
The city has the highest home-purchase agreement cancellation rate in the U.S. at 20%.
Investor activity has plummeted by 65% since the pandemic peak, affecting demand and pricing.
Although inventory is rising, the median home price has reached $440,000, a 5.4% increase from last year, with potential declines anticipated.