According to a new report released by CoreLogic, a California-based real estate data and analysis company, home prices in metro Atlanta were tied for the fourth-largest rise in the U.S. over the past year. With prices having risen nine percent in August, compared to the same month one year ago, Atlanta was tied with metro Dallas. These two metro areas were behind Houston, which led the nation with an 11.4 percent increase throughout the last year. Houston was followed by Riverside-San Barnadino, California and Los Angeles.

However, Atlanta’s home price increase was not as large if distressed properties are removed from the calculation. Without those homes, the price increase was just 7.1 percent during 2014.

Across the country, home prices rose 6.4 percent from August to August with distressed properties included. The month of August 2014 saw a 0.3 percent increase nationally, while home prices in Atlanta actually fell by 0.1 percent.

According to the most recent report by the Atlanta Board of Realtors, the median sales price of a metro Atlanta home was $225,000.

Unlike many other housing data companies, CoreLogic also makes predictions on the future of the national housing market. The most recent report says that the future of home prices will continue increasing at a slow pace. CoreLogic forecasts that home prices will increase by 4.7 percent over the next year.

For more information and news on the Atlanta real estate market, click here.

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