

Pandemic Effect: Closed MLS Sales Down 31% Look Who’s Back: Weekly Contracts Up 40% in 4 Weeks
For Buyers: Greater Phoenix contract activity dropped 39% over the course of 6 weeks between March and mid-April. The effects of those...


27% Drop in Closed Listings
The ARMLS database shows a 27% fall in closed listings for April compared with April 2019. This is for all dwelling types across Greater...


7% Decline in Listing Under Contract in April
Among single-family listings there has been a 7% decline in listings under contract between April 1 and May 1. This is the opposite of...


AZ Home Prices Not Likely to Fall
Over the last week we have moved from a daily fall of 2.5 to a daily fall of 1.6. This trend is favorable and it now looks unlikely that...


Phoenix Home Prices Projected to Not Stop Rising in 2020...Active Supply Down 32% from January 2019
...active supply was counted at just over 12,000 listings for all of Greater Phoenix. This is down 32% from this time last year and excruci


Market Summary for the Beginning of 2020
Phoenix is currently the strongest large-city housing market in the USA and this is fueled by inter-state population movements.