Phoenix-area housing demand expected to rise in Dec.

housing demandBy Catherine Reagor | The Republic | azcentral.com

Home-sale prices across metro Phoenix are expected to be flat or dip a little during November. And sales will be down.

But the forecast calls for demand to pick up in December.

The latest pending sales index from the Arizona Regional Multiple Listing Services shows the area’s median home price will be $190,000 for this month, compared with $191,000 in October.

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