Slide 1: Buyers flooded in, sending home prices and new construction soaring during the pandemic boom.
Slide 2: Phoenix thrived as a work-from-home haven with huge population inflows from other states.
Slide 3: Momentum faded as homebuying power dropped, and domestic migration slowed sharply in recent years.
Slide 4: Listings are climbing, with 37% of homes now facing price cuts in 2025.
Slide 5: Phoenix’s red-hot streak has cooled, creating a more cautious and buyer-friendly desert market.
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