First Real Estate Decline in 11 years? Arizona Real Estate Market Update 2023

Did the Arizona real estate market see the first real estate decline in 11 years? Like all headlines, you need to drill down to our Arizona data to understand what is really going on. We declined in Dec on an annual basis and much larger than the Case Shiller info shows nationally.
But, it does not mean we are still declining. In this market update I show you the actual numbers so far in 2023.

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Rick McHone
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