Why are metro Phoenix home sales slowing? Local expert explains market forces
Listing rates, supply and demand, and sellers' expectations are contributing to slower home sales, says an ASU expert.
In this article published April 2, 2026, on KTAR News:
Right now, we do have a situation where supply is exceeding demand. And when you have supply exceeding demand, you’re going to see that reduction in price. But also, when interest rates go up, you also see a reduction in price.
— Kimberly Winson-Geideman, clinical professor of finance and director of the Division of Real Estate
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