Atlanta Home Prices Drop By Highest Margin of Any Major American City

More bad news for metro Atlanta’s homeowners.

In the last year, Atlanta’s average home prices have fallen by nearly 18 percent. That’s the highest percentage drop of any major American city, according to S&P/Case-Shiller’s latest monthly report.

While national numbers are staying flat or gradually improving month-to-month, Atlanta’s home prices continue to decline, albeit it at a slower clip than a few months ago.