Saturday, May 9, 2015

Condo sales lead housing trend to Valley's city cores

For the first time, metro Phoenix is growing up more rapidly than out.

A record number of high-rise, townhouse and loft housing developments are shooting up in central Phoenix, Scottsdale and Tempe, and selling out quickly. Condominium sales are climbing faster than regular home sales in the Valley, a reversal of the region's growth pattern since the 1950s.


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