Phoenix Home Prices "Plummet" | Phoenix Real Estate Market Update

Phoenix home prices "plummet" according to a couple metrics measuring home price trends. Is this due to increasing supply? Increasing prices? Increasing rates? All of the above play a role in the slow down in pricing. In addition, Zillow has taken a bearish stance an changed their home price projections for 2025. We're covering all this data in this week's Phoenix real estate market update.
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Caitlin McKeague
Broker Associate | BRBR679010000