Greater Phoenix Residential Housing Market Snapshot

ASU’s Nov 2015 report on the Greater Phoenix housing market had more good information. For single family homes, the over $500,000 segment was up 21%. But, this was due to a big gain in the $500,000-$2,000,000 market while the over $2,000,000 segment dropped 33%. There was a loss of market share in the under $200,000 segment due to poor supply.

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