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Phoenix real estate in April: Sales up 1%, inventory up

Posted by   /  May 11, 2016  /  No Comments

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By Bill McBride | Calculated Risk

This is a key distressed market to follow since Phoenix saw a large bubble / bust followed by strong investor buying.

Inventory was up year-over-year in April. This is the second consecutive months with a YoY increase in inventory, following fifteen consecutive months of YoY declines in Phoenix. This could be a significant change.

Continued:

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  • Published: 4 years ago on May 11, 2016
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  • Last Modified: May 11, 2016 @ 5:54 am
  • Filed Under: Real Estate

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