Business

Home prices in Atlanta up, but moderating

By Arielle Kass
April 29, 2014

Home prices in metro Atlanta were up 16.1 percent in February, the 15th straight month of double-digit growth.

But price increases continue to moderate, and the February increase was lower than the 16.8 percent year-over-year increase in January. Price increases have been easing since last April.

Atlanta’s price gains ranked fifth in the S&P Case-Shiller Home Price Index, released Tuesday. The 20-city average is up 12.9 percent year-over-year in February.