Metro Phoenix homebuilding hits decade high
by Catherine Reagor | Arizona Republic
Buyers are again heading to Valley suburbs farther out to find homes they can afford
A newly built home for sale in Coolidge./Zillow
New houses are going up in the Phoenix area at the fastest pace in 10 years, and prices are climbing faster than they have in five years.
Buyers are again heading to Valley suburbs farther out to find houses they can afford.
All are signs that metro Phoenix’s homebuilding market is recovering.
But it still has a way to go to rebound from the housing crash that left many Valley fringe neighborhoods half-built and blocks of new houses empty for years.
