Phoenix real estate in April: Sales up 6% YoY, active inventory up 7% YoY

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 increased to 9,493 in April, up from 8,990 in April 2018. Sales were up 13.8% from March 2019 (last month), and up 5.6% from April 2018.

2) Active inventory was at 17,804, up from 16,568 in April 2018. That is up 7.5% year-over-year. This is the sixth consecutive month with a YoY increase in active inventory.

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May 21, 2019

Housing

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Phoenix real estate in April: Sales up 6% YoY, active inventory up 7% YoY

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Buy the house first, get married later? Rose Law Group family law attorney Ashley Hutton highlights the risks

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Phoenix real estate in April: Sales up 6% YoY, active inventory up 7% YoY

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