Nationally, the median list price slipped 2.4%, marking the eighth month in a row of declines. 

S&P Dow Jones Indices noted that inflation outpaced national home-price appreciation for the 11th month in a row. 

Completed in 2024, Broadstone offers a mix of studio and one- and two-bedroom apartments. 

Home sales in the 51 metro areas surveyed by REMAX rose 7.9% month over month and slid 0.5% year over year. 

Lizy Hoeffer is the top-transacting Latino mortgage originator in greater Phoenix area, according to the annual Top 250 ranking from the National Association of Hispanic Real Estate Professionals.

The BHHS Arizona Properties North Scottsdale office will be led by Manager Michael Hofstetter and serve as the home base for Kristina Watson, the brokerage’s Arizona regional manager.

May’s priciest Arizona home sale is a new build in Paradise Valley with mountain views.

Buyers purchased 4,839 homes during the month, up from 4,622 during May 2025.

The company outgrew its previous space just 18 months after moving in, said Tonya Lively, vice president of escrow operations and director of sales.

Inventory rose 3.3% month over month and 0.6% year over year to 1.55 million homes, which equals a 4.5-month supply of unsold inventory, NAR said. 

Juan Grimaldo is the top-transacting Latino agent in the Phoenix area, according to the annual Top 250 Latino Agents ranking from the National Association of Hispanic Real Estate Professionals.

Nationwide, it takes six years to break even on homeownership, down from an all-time high of 8.4 years in 2023.

The most expensive new listing in Arizona in May was previously one of the state’s most expensive homes sold in 2025.

The median sales price of new homes sold in April rose 8% to $422,500 from $391,100 in March, the U.S. Census Bureau and the Department of Housing and Urban Development reported.

Midwest Real Estate Data restored Zillow’s access to its licensed listing data May 22 after a federal judge granted Zillow’s request for a preliminary injunction, ordering MRED to reinstate listing feeds to its consumer websites while the companies’ legal

The $6.37 million deal was finalized on May 18.