Arizona Real Estate News for Canadians2020-07-23T18:52:12-07:00

Arizona Real Estate News
for Canadians

We provide the latest news regarding Arizona real estate markets, trends, statistics, and community updates and reviews to keep Canadians up-to-date. Read our latest reports and articles below to learn more about what’s happening in Arizona real estate.

2906, 2022

Arizona’s Real Estate Market is Cooling Off

June 29th, 2022|

Good news for home buyer’s in Arizona, the hot housing market is cooling down quickly. After 2 years of rapid growth, record sales, and prices rising to record levels, we are finally starting to see a leveling off. In the past 30 days, over 12,000 new residential listings were added in the Greater Phoenix area. It’s a record 34% jump in new listings.

206, 2022

Arizona Real Estate Market Update May 2022

June 2nd, 2022|

It’s the moment you’ve been waiting for, less competition and more supply in Greater Phoenix! Active supply is up 40% from this time last year, but all that gain has been achieved over the last 6 weeks with an increase of 45%. The market is in the early stage of shifting out of an insane seller market and into a mere frenzy seller market. Before we know it, it could be a regular old hot seller market where properties still appreciate but take multiple weeks to sell.

2104, 2022

New Record Sale of $21 Million in Paradise Valley

April 21st, 2022|

A new record sale for Paradise Valley closed on April 18th for $21 million. This surpassed the previous Paradise Valley high mark of $20.9 million in October 2020 for a home in the same neighborhood. Situated on one of the most commanding homesites in the Cameldale community, this 15,736-square-foot grand estate sits on 4.27 acres with stunning views at the [...]

2601, 2021

Arizona Real Estate Market Update Q4-2020

January 26th, 2021|

Arizona Real Estate Sales Statistics Q4-2020 Arizona Real Estate Continues to Set Records as Prices Climb Sales Volume Despite all the challenges, 2020 went down as the year with the 2nd highest number of homes sold, with just 2,471 fewer sales than 2005. Real estate sales are up +8.8% month-over-month for December and +27.4% year-over-year. Sales Prices We also saw [...]

2308, 2020

Arizona Home Sales and Prices Soar in July Despite the Pandemic

August 23rd, 2020|

Phoenix area home prices are up an average of 10% from this time in 2019, and selling in an average of 10 days, making Phoenix the hottest real estate market in the country. Supply and Demand The issue is simply a matter of supply and demand as inventory remains at record lows down 27.8% compared to 2019. In July, [...]

2307, 2020

Arizona Real Estate Market Update Q2-2020

July 23rd, 2020|

The Arizona real estate market remains HOT despite the coronavirus pandemic sweeping across the state. The inventory of properties listed for sale are exceptionally low with homeowners reluctant to list their homes during the pandemic. This has created a seller’s market and fueled an already robust real estate market in Arizona. Home buyers are finding an extremely limited selection of [...]

705, 2019

2019 Luxury Resort Summer Deals in Arizona

May 7th, 2019|

We all know Arizona is the place to be all winter long, but have you ever visited Arizona in the summer? Being from Saskatchewan, I always thought summer in Arizona sounded crazy, who could handle that heat? But living here year-round now, summer has become my favorite time of year. The days are hot but you can?t beat the hot [...]

305, 2019

Maricopa is Fastest Growing County in the US

May 3rd, 2019|

Maricopa County is booming. For the third straight year, it's the fastest growing U.S. County, according to the U.S. Census Bureau. Now, it's the fourth biggest population in the nation. Jobs, jobs, jobs. According to the Arizona Office of Economic Opportunity, nearly 70,000 non-farming jobs have been added since March of 2018. Experts say that means Maricopa County and the [...]

2904, 2019

Top 10 Most Profitable Cities to Own Vacation Rentals

April 29th, 2019|

For more than a decade, short-term home rental websites such as Airbnb, HomeAway, and VRBO have helped everyday Americans squeeze some serious cash out of their homes—whether families renting out empty bedrooms or investors offering up multiple properties in prime tourist neighborhoods, leasable by the night. Easy-peasy! But those carefree good times may be coming to an end. The [...]

904, 2019

Canadian Developer Breaks Ground on a 3,695 Home Community

April 9th, 2019|

A Canadian developer broke ground last week on a master-planned residential community with room for thousands of houses in the West Valley. Brookfield Residential’s 1,130-acre Alamar development will feature up to 3,695 home sites, a 41-acre regional park co-developed with the city of Avondale and an elementary school. “Alamar will be a huge attraction as additional companies choose Avondale and [...]

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