Feb 21, 2023 | 2023 Research, Featured Research, Housing & Our Community
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 year.
Oct 31, 2022 | 2022 Research, Featured Home, Housing & Our Community, Recent Research, Research
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.
Jul 13, 2022 | 2022 Research, Featured Home, Featured Research, Housing & Our Community, Recent Research, Research
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
Jun 2, 2022 | 2022 Podcasts, Podcasts
Housing prices are frequently at the forefront of policy discussions because they impact so many other aspects of the economy. On this episode of Common Sense Digest, Host and Chairman Earl Wright welcomes CSI Arizona’s Director of Policy & Research Glenn Farley, CSI’s Senior Economist Steven Byers to discuss the housing markets in Arizona and Colorado, respectively.
May 3, 2022 | 2022 Research, Featured Home, Featured Research, Housing & Our Community, Recent Research, Research
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.
