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Mid Month forecast for the Arizona Real Estate Market-May 2022

May 29, 2022

May prices incereased 3.8% vs last month so far. If this trend were to continue prices will be up 37% for the year.
This looks highly unlikely given the recent spike in rates and climbing listings but prices may not begin to drop for several more months.

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See current listings by city below.
✔Chandler https://myre.io/04M1CloFFQDXw
✔Gilbert https://myre.io/0ePeR9bgdcIvF
✔Mesa https://myre.io/0jXwRlxSKVPG4
✔Tempe https://myre.io/02vllt0tkRcFq
✔Queen Creek https://myre.io/0klcnTPUX6zpc
✔Phoenix https://myre.io/0klcnTPUX6zpc
✔Scottsdale https://myre.io/0OznOYnJ23CtG
✔Paradise valley https://myre.io/0jTnK5eC99FOy
✔Cave Creek https://myre.io/0hZgtWSDf6liI
✔Glendale https://myre.io/0hZgtWSDf6liI
✔Surprise https://myre.io/09jCduwYs8bIZ
✔Peoria https://myre.io/09jCduwYs8bIZ
✔Anthem https://myre.io/0Ttdl2emXBLW2
✔Goodyear https://myre.io/0lQj06HiSvxG1

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Rick McHone
Realtor with EXP Realty

Learn about EXP Realty

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Originally published at https://www.youtube.com/watch?v=EkYEk7QeUgY

This news story originally appeared at Real Estate - Trend Magazine on 29 May 2022