Phoenix Metro Reaches Highest Sales Volume in ARMLS history
Something big happened in June!
ARMLS tracks sales volume of Phoenix Metro home sales on a monthly basis. While the total dollar sales volume in the earlier months of 2019 were not as strong as 2018, May and June were exceptionally strong.
The total dollar sales volume in June was $3,265,463,755, which is the highest total for any June in ARMLS history. In addition, the year to date total sales volume is the highest year on record with $16,753,752,060.
| PDF Viewer Tips | |
 |
Download PDF |
 |
View PDF in full screen mode |
News from NAR - National Association of Realtors
- 13 Months Later, Where Do Mortgages Stand?
According to the Snapshot on Race and Home Buying in America, which uses Census ACS data, the homeownership rate for Black Americans is 42%, Hispanic Americans 48.1%, Asian Americans 60.7%, and White Americans 69.8%.
- Instant Reaction: Consumer Price Index, April 13, 2021
Over the last 12 months, the inflation rate rose 2.6%, compared to 1.7% in February and 1.4% in January, respectively.
- Tracking Jobless Claims by State: Week Ending April 3, 2021
The economy added nearly one million jobs in March, 2021, the fastest acceleration since August, 2020. Although the economy is creating jobs, layoffs are still happening.
- Housing Affordability Falls in February as Home Price Growth Surges
Affordability declined in February compared to January as the median family income rose by 3.5% while the monthly mortgage payment increased 5%.
