By Bill McBride | Calculated Risk
This is a key housing market to follow since Phoenix saw a large bubble / bust followed by strong investor buying.
The Arizona Regional Multiple Listing Service (ARMLS) reports (“Stats Report”):
1) Overall sales declined to 5,357 from 6,082 in January 2018. Sales were down 16.3% from December, and down 11.9% from January 2018.
Read more at https://www.calculatedriskblog.com/2019/02/phoenix-real-estate-in-january-sales.html#35zJE3V1Bov2VRA8.99