Metro Phoenix housing market is balanced — for the moment. What’s ahead in 2024?
Metro Phoenix home prices ticked up in November.
But the Valley’s housing market is ending 2023 on a pretty flat note despite interest rates inching down. After its roller coaster ride during the past few years — with spiking home prices and sales and then last year's slowdown — that's not a bad thing.
Phoenix-area home sales were down last month, and so is supply.