According to data, February inflation remained elevated nationally, but the good news is that it was lower in Phoenix. According to the U.S. Bureau of Labor Statistics, the Consumer Price Index for…
A little more than half of the homes sold in Sierra Vista-Douglas during the fourth quarter of 2023 were affordable to a family earning the median income. At 54.3%, that…
The value added from the outdoor recreation economy accounted for 2.5% of the Arizona state GDP in 2022. Value added for outdoor recreation as a share of state GDP ranged from 1.4%…
Housing affordability in the United States sank to its lowest level in index history in the third quarter of 2023. This applied for housing affordability in two Arizona metropolitan areas as…
In September, Arizona over-the-year building permits saw a significant 44.1% increase to a total of 5,793, not seasonally adjusted, according to research by the Eller Business Research Center. The number of single-family…
Arizona personal income increased at an annual rate of 4.7% in the second quarter, ranking at the top of the second quintile. Personal income increased in 49 states and the District of…
The poverty rate for those aged 65 and over increased in Arizona between 2021 and 2022 based on the 2022 American Community Survey (ACS) one-year estimates released September 14. The poverty rate…
Arizona was one of eight states plus the District of Columbia to experience depreciation in house prices in the second quarter of 2023 with a one-year change of -2.5%. The Federal…
Housing affordability in Arizona and nationally took another hit in the second quarter of 2023 primarily due to rising home prices and higher interest rates based on the latest National Association…
The median age in Arizona for 2022 was 38.7 years old, which was still a bit lower than the nation at 38.9. The most recent 2022 population estimates for states and counties…
Housing affordability increased nationally and in all Arizona metropolitan areas for the first quarter of 2023 based on the latest National Association of Home Builders/Wells Fargo Housing Opportunity Index (released June…
Queen Creek and Maricopa, both within the Phoenix metro area, ranked among the 15 fastest-growing large cities in the U.S. DEEPER DIVE: 5 of 10 fastest-growing Arizona cities are in…
