In Phoenix, home prices rose 1.92% year over year and 0.15% month over month in March. 

Surprise ranked as the fourth-most affordable city in the country in the first quarter of 2025. It also ranked as the second-most affordable among small cities, meaning those with populations under 150,000.

New data released by CoreLogic/Cotality, and examined by noted industry researcher Mike DelPrete, contradicts this commonly held notion, however, and shows that the ratio is actually closer to 65/20.  

Nationally, home sales slid 1.4% year over year but increased 11.3% month over month, RE/MAX said. 

The priciest home sale in Arizona last month was a $14.9 million estate in Scottsdale.

The association noted, however, that 90% of the responses to its survey tracking homebuilder sentiment were received before the announcement of a 90-day reprieve in U.S.-China tariffs. 

Driven primarily by the construction boom during the pandemic, the housing market has seen some improvements in affordability, but homes remain out of reach for many would-be buyers.

The most recent Weekly Mortgage Applications Survey shows homebuyer activity continued despite the economic uncertainty. 

HomeSmart’s yard signs will now have QR codes and NFC (Near Field Communication) tags allowing home shoppers to access property details.

Homes that are professionally staged not only attract more attention from potential buyers — they also sell faster and for more money, according to data from the National Association of Realtors’® 2025 Profile of Home Staging.  

Despite the deceleration, the company, formerly known as CoreLogic, expects prices to rise another 4.9% over the next year.

The National Association of REALTORS’® Pending Home Sales Index rose 6.9% in March, compared to economists’ expectations of a smaller 1% gain.

A Scottsdale estate, last sold in 2022 for $9.5 million, just hit the market again — but this time, with a $25 million price tag.

The pace of sales rose 7.4% compared to February, topping analyst estimates by a large margin.

Given the city’s median annual household income of $110,067 for married couples, they have to spend 50% of their yearly earnings on mortgage payments, property taxes, insurance and other related costs.

The surprisingly large decline in the pace of housing starts comes as builder sentiment remains depressed by tariff worries and high prices.