real estate

Key indicators down in Valley luxury home market

A number of key indicators have gone down over the last year in the Paradise Valley single family home market.

Independent Newsmedia/MacKenzie Brower

A number of key indicators have gone down over the last year in the Paradise Valley single family home market.

In July, pending sales were down nearly 60%, and new listings and home closures were down about 40%, according to Phoenix Realtors.

August numbers will be available this month.

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