Atlanta housing market slow for this time of year

According to AJC real estate reporter Chris Fuhrmeister, sales, listings, and prices have all declined due to rising mortgage rates, making it harder for buyers to afford homes.

Chris O'Meara / Associated Press

Atlanta’s housing market is experiencing a slowdown compared to last year.

Sales, listings, and prices have all declined due to rising mortgage rates, making it harder for buyers to afford homes.

However, there are still people moving to Atlanta and needing to buy houses, and the limited inventory can lead to bidding wars for the right properties.