Metropolitan Statistical Area (MSA):

Atlantic City-Hammonton, NJ

Atlantic City-Hammonton, NJ is a Metropolitan Statistical Area (MSA) comprising counties including .

Housing Market Trends in the Atlantic City-Hammonton, NJ Metropolitan Statistical Area

The Atlantic City-Hammonton, NJ metropolitan statistical area (MSA) is located in the southern part of New Jersey and is home to over 500,000 people. The MSA includes the cities of Atlantic City and Hammonton, as well as the townships of Absecon, Egg Harbor, Galloway, Hamilton, Linwood, Margate, Northfield, Pleasantville, Somers Point, Ventnor City, and West Atlantic City.

The MSA has a long history as a popular tourist destination due to its proximity to Philadelphia and New York City. However, in recent years the region has struggled economically due in large part to the decline of the casino industry in Atlantic City. As a result, the housing market in the MSA has been relatively stagnant.

However, there are signs that the housing market in the MSA is beginning to rebound. Home sales have increased for three consecutive years and prices have begun to rise as well. Additionally, new construction activity has picked up in recent years as developers look to capitalize on the region's growing popularity as a bedroom community for Philadelphia and New York City commuters.

Overall, it appears that the housing market in the Atlantic City-Hammonton MSA is slowly but surely improving. This is good news for both current residents and those considering making a move to this beautiful region of New Jersey.

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