Growth of metro Phoenix shapes real estate figures

property values
property values

By Terrance Thornton | YourValley.net

Buzz words long used to describe the envisaged energy of a bustling real estate market in the Valley of the Sun may finally be ringing true.

Substantial gains across the board can be found in real estate data — both in single-family and multifamily projects found across the state — but on the commercial side of things, office and retail designations, a steady hand of calculated growth and risk are ruling the day.

But as new desires from consumers emerge in the Digital Age, a new build in the commercial sector — office, retail, restaurant or resort — trumps all other sales metrics.

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