Phoenix is the 56th-priciest rental market in the country, according to Zumper’s November National Rent Report.

Despite the new record in September, the rate of increase continues to slow. 

The new findings come from real estate tech strategist Mike DelPrete.

The increase follows two months of declines, the National Association of REALTORS® said. 

Multifamily construction, meanwhile, rose on a monthly basis. 

Arizona remains a popular endpoint of the mass exodus out of California, according to a recent report from StorageCafe.

Homeowners and buyers will prioritize nostalgic, old-world design sensibilities juxtaposed with modern sustainability technologies next year, according to Zillow.

A $42 million ranch towers over the latest list of the most expensive new listings in Arizona.

Industry experts rated markets in categories such as investment potential and development opportunities.

Looking ahead, the CoreLogic Home Price Insights report predicts home prices will dip by 0.1% in October on a month-over-month basis.      

A growing number of renovating homeowners now classify their primary bathroom as a “wet room,” according to the 2024 Houzz Bathroom Trends Study.

Sustainability and housing affordability are on the top 10 list.

The S&P CoreLogic Case-Shiller U.S. National Home Price Index hit a new record in August, marking the 15th month in a row of new highs. 

The median price of a new home sold during the month was also up, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development. 

Sales slid 1% compared to August, the National Association of REALTORS® said. 

A household would need a salary of $108,919 per year to be comfortable in the Phoenix, a new study determined.