Housing & Our Community | Common Sense Institute Arizona

Housing Innovation in Arizona: Opening the Door to Arizona’s Housing Future

Dec 7, 2022

Simply put, Arizona has a housing crisis and needs more housing. Resolving it will require more than just tinkering around the edges of public policy. Thoughtful, bold, and swift action is required.

Arizona Housing Affordability Update October 2022

Oct 31, 2022

The U.S. and Arizona housing markets are in the midst of a sharp correction – the first since the Great Recession. Prices peaked in June and have fallen over 3% through September. Ongoing rising interest rate pressures, a collapse in buyer interest, and lags in the construction and permit approval cycle will likely put continued downward pressure on prices over the next 6-12 months.

2022 Ballot Guide

Oct 6, 2022

The Economic Impact of Prop 310, A Sales Tax for Fire District Funding Measure

Oct 5, 2022

CSI analyzes Proposition 310 which proposes to supplement this local revenue with support from a statewide 0.1% general sales tax, raising $189.9 million in 2023.

Arizona Housing Affordability Update: August 2022

Aug 30, 2022

FULL REPORT As expected, the U.S. and Arizona housing markets are changing rapidly in response to quickly rising interest rates. For the first time since 2011, Phoenix-area home prices fell in July, and despite continued increases in target interest rates average...

Arizona Housing Affordability Update: July 2022

Jul 13, 2022

The lack of housing affordability is even more acute in Arizona and the Phoenix metro market, where prices have increased much more quickly than nationally; prices here have risen 40% since the end of 2020, versus 25% for the United States

Arizona Housing Affordability

May 3, 2022

Arizona – and particularly the Phoenix metro market – is now an expensive place to live. The current inflation crisis has accelerated a longer-run trend in the relatively rapid appreciation of cost of living here relative to other major metro areas.