Phoenix real estate in January: Sales down, active inventory up

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

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