By Catherine Reagor | YourValley
Metro Phoenix’s housing market slowdown could be over, at least for now.
Home sales and prices both climbed in March, according to the latest data. And housing analysts aren’t expecting either to have fallen in April.
The Valley’s median home price is still down from the high hit last June but ticked up $8,000 in March.
Interest rates are still much higher than early last year, but a drop in listings is keeping the market from falling as it did during the second half of 2022.
And buyers no longer have the upper hand in 14 of the biggest Phoenix-area cities tracked by the Phoenix-based Cromford Report.
