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Phoenix Real Estate Market Update

Supply is down and prices are up. That’s the story. Bye bye.

Why supply is low is a bit of a mystery. But home buyers and sellers just need to know that for the metro Phoenix real estate market as a whole, prices are increasing and given the lowish supply of homes for sale, will likely continue to increase rather strongly for at least a while more.

But that’s for the metro Phoenix market. Your city might be different so check out the video tutorial find out how to find out what’s happening in your specific area of metro Phoenix.

Updated Graphs