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✉news BusinessReal Estate first seen 8 h ago, last 1 h ago, peak #3

Gilbert home prices rise despite weakening demand

Original: Gilbert home prices rise amid weakened demand

Home prices in Gilbert, Arizona are climbing even as demand for housing in the area weakens, according to local reporting from East Valley Tribune and Gilbert Sun News. The trend suggests limited inventory is continuing to push prices upward despite fewer buyers competing in the market, adding to debate over affordability in the Phoenix-area suburb.

Why now: Rising prices amid falling demand is a counterintuitive housing trend that concerns buyers, sellers and economists watching the Arizona market

Gilbert, ArizonaEast Valley Tribune

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