If you have any ideas about why the apartment market is slowing faster in Phoenix than in any other metro, leave a comment or email me. I’m trying to figure it out.

Seems reasonable.

New home sales have really slowed down.

This includes apartments.

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

Notice how very small changes in New Listings and Solds eventually cause HUGE changes in the number of houses For Sale and house Prices (see graph above).

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.