Autumn brings a fall in demand
Home prices in Phoenix started to rise from the summer doldrums in September and supply is also increasing, according to the latest Greater Phoenix Housing report from the W. P. Carey School’s Center for Real Estate Theory and Practice. But demand has slumped, says Michael Orr, author of the report. Softening consumer confidence is probably one of many reasons.
Home prices in Phoenix started to rise from the summer doldrums in September and supply is also increasing, according to the latest Greater Phoenix Housing report from the W. P. Carey School’s Center for Real Estate Theory and Practice. But demand has slumped, says Michael Orr, author of the report. Softening consumer confidence is probably one of many reasons.
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