Houses for sale DOUBLE a year ago but HALF of 2019

By John Wake

Last week, the number of houses for sale was DOUBLE what it was a year ago but it was still only HALF (56%) the amount for the same week in 2019 (pre-pandemic).

Prices still increasing fast… for now, anyway.

Here’s my latest Forbes.com article. I feel like I’m starting to understand the real estate market better.

I got interviewed by Business Insider! Wow!

I spoke with @JohnWake about how the wild real estate market of today is different and similar to the early 2000s housing boom and eventual bust in 2008. https://t.co/xmUmW7j3Bp
— AJ LaTrace (@ajlatrace) May 26, 2022

Wow! I got a quote in this piece, too!

What's next for the US housing bubble? Industry experts break down the bull and bear cases for home prices in the months ahead. https://t.co/dfIjm8icqf
— John Wake (@JohnWake) May 26, 2022

Click on the graphs to go to the full-size, interactive version.

This information can vary a lot in different parts of metro Phoenix. Your real estate agent can find the data for your specific city or zip code at The Cromford Report.

Published on May 29, 2022