What's really going on in the Phoenix housing market? | Phoenix Real Estate Market Update

by Caitlin McKeague

Have home prices in the Phoenix Metro finally come down? In this update, I break down the latest data from the Cromford Report, share what's really happening with new construction vs. resale homes, and walk through the key signals every buyer and seller should be watching heading into the rest of 2026.

We'll also take a look at how Phoenix compares to the rest of the country, what HousingWire's 10-year data reveals about where the market may be heading next, and where mortgage rates are sitting right now.

Whether you're thinking of buying, selling, or just keeping an eye on the Phoenix real estate market, this video will give you a clear picture of where things stand today.