Home Prices Spike, Inventories Stay Tight

The average price of existing home sales jumped significantly in August across all five NoPho zones—the Norterra area, Tramonto & Sonoran Foothills area, New River & Desert Hills, Anthem Parkside and Anthem Country Club. Meanwhile, sales shot up 17 percent compared to last August, leaving inventories tight, especially Norterra and Anthem Parkside.

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Rural Residents Face April 30 Water Shutoff

A water-hauling station to serve residents of New River and Desert Hills will be operational by the end of July, the utility EPCOR now says. But in this months-long saga, rural residents now face, yet again, a gap in their water supply. The City of Phoenix won’t yet say if it will extend a deadline to shut off the supply of hauled water for some 1,500 rural residents April 30.

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