News Formal

DATA: Is Phoenix heading toward a housing crash or a stable market?

  • 📰 abc15
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Housing demand is falling, but spring typically marks a rise in demand. So the question is: Will the market stabilize or continue to tumble? The data indicates that either scenario is possible. MORE ⬇️

According to the real estate site Redfin, the median sale price of a home in Phoenix is down almost 5% from a year ago.

According to the Case Shiller index, there are three pivotal points in the year-over-year changes; 2004, the price runup that began the great recession, 2011 during the recovery phase, and 2020. Phoenix is a more volatile market that frequently has higher highs and lower lows compared to the national index.

There are several differences between now and the housing market crash of the mid-2000s. Lending standards are better and there is less housing inventory overall. Data from realtor.com shows that active listings in the 10 largest U.S. metros is lower than it was in 2019.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 263. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Lloyds faces housing market chill as profit growth stallsBritain's Lloyds Banking Group signalled that falling house prices, competition on savings and rising costs may crimp future returns after reporting flat profit growth for 2022. It’s well covered and a good buy sun .50p
출처: Reuters - 🏆 2. / 97 더 많은 것을 읽으십시오 »

How immigration and an aging population will affect Canada's housing marketDesjardins\u0027 Randall Bartlett talks to Down to Business about how immigration will affect Canada\u0027s housing market. Listen here. financialpost The greedy boomers crossed the bridge of home ownership and burned it down after
출처: TheStarPhoenix - 🏆 253. / 63 더 많은 것을 읽으십시오 »