Single-family home sales prices increased in 189 out of 221 metro areas analyzed, with the median single-family price in the country rising 3.5% year over year to $391,700.

A Paradise Valley estate with a $29 million price tag tops the ranking of the 10 most expensive new listings in Arizona.

Redfin points to surge in prices, new luxury listings and a boost in sales as affluent homebuyers and sellers show increased activity.

Pending home sales rose 8.3% month over month, the National Association of REALTORS® said, marking the largest monthly jump since 2020. 

Declining interest rates spurred the increase. 

Notably, renovators are less likely than they were a year ago to undergo kitchen modifications for the purpose of improving the home’s resale value.

Scottsdale ranks among the cities where homeownership is most attainable for Gen Z, according to a new report from Point2Homes.

At the same time, the median sales price rose 4.4% to $382,600. 

The NAHB/Wells Fargo Housing Market Index (HMI) rose seven points to 44, its second monthly increase in a row. 

Arizona ranked as the No. 2 state in the country for inbound movers, beat out only by South Carolina.

Nearly all millennials — 93% — say a volatile market is to blame for wrecking homebuying plans, with another 76% saying they expect the market to get worse before they’re able to make a purchase themselves.

What makes the Valley of the Sun such a good place to start anew? For one, the city is among the most affordable in the country.

CoreLogic expects prices to continue to grow through the year.

Nine of the 10 most expensive new listings in Arizona are located in Paradise Valley — including a luxury listing with a $50 million price tag.

How will our homes evolve in the new year?

A $20 million Paradise Valley estate tops the most expensive new listings in Arizona.