Tucson homebuilding update

(Disclosure: Rose Law Group represents Meritage Homes.)

By Gabriela Rico | AZ Daily Star

Sales and prices of new homes in the Tucson market are strong.

Top homebuilders sold between 45 and 70 new homes a month in the first quarter of the year, with average selling prices of around $450,000.

And existing homes for sale remain scarce, so demand for new homes is at its peak.

Those combined factors would suggest that homebuilders are eager to build even more homes.

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