Economics

Phoenix Real Estate in March: Sales up 3.4% YoY, Active Inventory Down 22% YoY

The Arizona Regional Multiple Listing Service (ARMLS) reports (“Stats Report”):1) Overall sales were at 8,626 in March, up from 7,279 in February, and up from 8,344 in March 2019. Sales were up 18.5% from February 2020 (last month), and up 3.4% from March 2019.2) Active inventory was at 14,257, down…

Phoenix Real Estate in March: Sales up 3.4% YoY, Active Inventory Down 22% YoY

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