By Angela Gonzales | Phoenix Business Journal
More than 60% of the municipalities tracked by the Home Builders Association of Arizona have issued fewer single-family homebuilder permits this year through April than the same period last year — another sign the Valley’s housing market is cooling.
Overall, the 21 municipalities tracked by HBACA issued 11,967 single-family homebuilder permits so far this year through April, up 2% from 11,794 during the same period in 2021. Of those 21 municipalities, 13 of them issued fewer permits year to date through April.
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