No relief in sight for Tucson home prices in 2022

By Gabriela Rico | Arizona Daily Star

Prospective homebuyers will continue to face stiff competition for new homes in 2022 as Tucson’s surprisingly robust housing market of the past two years shows no signs of slowing down.

Predictions of whether the Federal Reserve will increase interest rates to calm the bidding frenzy vary widely.

Meanwhile the ongoing shortage of new homes and longer build times, due to supply-chain backlogs, is expected to keep prices inching up.

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