Phoenix house sales up 9% in March

Phoenix house sales

By Bill McBride | Calculated Risk

This is a key distressed market to follow since Phoenix saw a large bubble / bust followed by strong investor buying.

Inventory was up year-over-year in March, following fifteen consecutive months of year-over-year declines in Phoenix. This could be a significant change.

The Arizona Regional Multiple Listing Service (ARMLS) reports (table below):

Continued:

Phoenix house sales

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