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Housing demand remains resilient despite high mortgage rates, with weekly pending sales and purchase applications up year over year. However, demand growth varies by market: some pandemic boom areas show growth driven by price cuts, higher inventory, and seller...

Phoenix is among luxury markets that have given back the most pandemic-era gains, showing how quickly boom conditions have unwound locally today. The market’s recent position is measured by how much pandemic appreciation remains intact, rather than by one headline...

Arizona homeowners could gain clearer permission to add commercially manufactured backyard shade structures, even where HOA rules currently restrict them on private lots. The push began after an Arizona family installed a city-approved backyard gazebo, then removed it...

A national index showed yearly home-price gains <1% in Late-Q1, while 10-city and 20-city composites also moderated from prior readings across markets. After seasonal adjustment, national and 20-city readings showed prices ↓half of major US metros posted yearly...

In Phoenix, the median home sale price is $458,724, up 0.6% year-over-year but down 2.4% month-over-month, marking a 67.4% increase since 2019. Nationally, the median price is $396,173, rising 2.4% year-over-year and 1.6% month-over-month, with a 55.4% increase since...

U.S. home prices have hit record highs for over two years due to inflation and low inventory but are now growing more slowly as demand cools and sellers offer discounts. In Phoenix, the median sale price is $465,000, down 1.5% year-over-year but up 1.2%...