On Tuesday, S&P/Case-Shiller released its January housing data report, the leading measure of home prices across the county.
Metro Atlanta’s home prices were up 16.8 percent year-over-year in January, but down a tad at 0.1 percent from December.
Index saw prices dip 0.1 percent across the 20 major cities it tracks, though
they went up 0.8 percent when seasonally adjusted.
“The housing recovery may have taken a breather due to the cold weather,” David M. Blitzer, Managing Director and Chairman of the Index Committee for S&P Dow Jones Indices, said in a news release.
Across the nation year-over-year, New York (at a 6.7% gain) and Washington D.C. (at 9.2% gain) posted their highest year-over-year returns since 2006. Others included, Los Angeles 18.9%, San Diego 19.4% and San Francisco 23.1%.
See the attached release for more data on Atlanta and other U.S. cities.