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Why have Atlanta's housing prices dropped so suddenly?


According to Standard & Poor's Case-Shiller Index, Atlanta housing prices have experienced 5 consecutive months of double digit declines, as well as an annual negative decline of -17.3%. However, I see no explantion of this decline; does one exist? http://www.housingviews.com/2012/04/24/nine-cities-and-both-composites-hit-new-lows-in-february-2012-according-to-the-spcase-shiller-home-price-indices/spcase-shiller-home-price-indices-april-2012-release-2/

 

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