Metro Atlanta housing prices rise steeply

Metro Atlanta home prices recovered three years of value in 12 months, rising steeply in a closely watched metric.

The increase is a further sign that the housing market is improving in the region. But the area’s prices remain below 2000 levels.

Local home prices were up 16.5 percent year-over-year in February, according to data from the S&P/Case-Shiller home sale price report. The increase means that metro area houses are now worth what they were in the summer of 1999. At their worst, in February 2012, area home prices fell to mid-1996 levels.

About the Author

Atlanta airport security waits could be worst these Thanksgiving travel days

If this year’s Thanksgiving air travel is anything like last year’s, the weekend after the holiday will see busy security days in Atlanta.

0m ago

Holidays to be merry for Atlanta retailers. But forecasts show class split.

U.S. shoppers are expected to spend more this holiday shopping season than last year. That's expected to be powered by higher-income families.

2h ago

The AJC Interview: Rivian CEO RJ Scaringe on the EV maker and its future

The CEO told the AJC editorial board that the need to ramp up production is why Georgia is such a critical part of Rivian’s plan to rival Tesla.

The Latest

Credit: TNS

In the market for a luxury vehicle? You might reconsider Lincoln.

Beyond the odometer: What matters most in a used car

Why your car’s safety tech needs maintenance, too

Featured

Credit: Arvin Temkar/AJC

Analysts warn Georgia Power bills will rise if PSC approves data center buildout

Analysts are warning Georgia Power's residential customers could see monthly bills jump $20 or more if state regulators approve the company's planned data center expansion.

GHSA suspends 39 Gainesville football players for brawl that ended playoff game

The Gainesville-Brunswick game was discontinued with 1:57 left in the third quarter when the fight began. Gainesville was leading 42-0.

Here’s when metro Atlanta interstates will be busiest this holiday week

Experts say more than 2 million Peach State residents will travel by car for Thanksgiving.