Tag Archives: Phoenix housing market

PHOENIX HOUSING 4Q16: 2016 Market Strength Should Continue into 2017

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Annual New Home Starts are up 12% YoY; Annual Closings in 2016 were up 29% for the strongest annual closings performance in four years. Despite recent price gains, housing affordability remains high compared to nearby California, which will continue to drive housing demand from out of state home buyers The ...

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Homebuilding activity ahead of last year, but below expectations

(Phoenix, AZ – July 18, 2013) The Phoenix homebuilding market is improving and will continue to improve, but many in the industry expected more activity this year. This is according to a recent report by Metrostudy, a national housing data and consulting firm that maintains the most extensive primary database ...

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Phoenix First Quarter Starts Up 28% Over Last Year

(Phoenix, AZ – April 30, 2013) The Phoenix new-home market went from 6,630 starts in 2011 to 11,102 starts last year, a 67 percent increase.  Many in the industry have high expectations for continued improvement this year as well.  According to Metrostudy’s lot-by-lot survey of new-home subdivisions, there were 2,463 ...

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