✉news BusinessReal Estate first seen 4 d ago, last 34 min ago, peak #3
Affordability pressures cool Phoenix housing market
Original: Affordability pressures cool off Phoenix housing market
Rising affordability pressures are cooling the Phoenix housing market, according to AZ Big Media. Home prices and higher borrowing costs are making it harder for buyers to purchase in the Arizona metro, slowing activity in a market that was among the hottest in the country during the pandemic boom.
Why now: Buyers and industry watchers are tracking how high costs are slowing one of the US's fastest-growing housing markets
Evidence
- Affordability pressures cool off Phoenix housing market · AZ Big Media
API: https://socialmediatrends-api.osmike.com/v1/trends/1485133