The pace of new-home construction was higher than economists expected, even as homebuilders expressed concern about the impact of tariffs and supply-side challenges. 

Agents from Realty ONE Group, Compass and HomeSmart were responsible for the most transaction sides on February’s list of the 10 most expensive home sales in Arizona.

If you have a would-be seller close to getting ready to put their home on the market, now’s the time to prepare. 

Falling consumer sentiment suggests potential homebuyers are wary of the short-term economic outlook and future inflation, CoreLogic Chief Economist Selma Hepp said. 

Furthermore, 13% of homeowners said they’d take their home off the market if they learned their ex was considering buying it.

At the same time, the median sales price for a new home hit its highest level since 2022, according to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development.   

In Phoenix, home prices posted a 2.09% year-over-year gain in December, while they slid 0.06% month over month. 

At the same time, builder sales expectations for the next six months posted their second-largest drop since the sentiment index started in 1985. 

Phoenix is No. 11 among U.S. metro areas with 1,634 units in its office-to-apartments pipeline.

These were the most expensive homes sold in Arizona last month, led by a sprawling $21 million estate in Scottsdale.

There’s a $25 million tie for the most expensive new listing in Arizona. Those two pricey properties hit the market during the past month.

Scottsdale is the top city in the United States for people who like to flee to warm-weather destinations in the winter — also known as “snowbirds.”

On a city basis, Chicago posted the highest annual increase among the country’s 20 largest metros, followed by Miami, Las Vegas and Washington, D.C. 

For the first time in two years, home prices are on the rise in every major metro and Phoenix is one of them, according to a new Redfin report. 

The median existing-home price for all housing types in December rose 6% from its year-ago level.    

Gilbert ranks among the U.S. cities where housing inventory has grown the most since 2005, according to a report from StorageCafe.