Maricopa Affidavit Statistics for August 2026

August 2026 had 21 working days, the same as August 2025 but one fewer than July 2026. The year-over-year comparison therefore needs no calendar adjustment, while July’s extra day means we should expect about 4.5% fewer closings than last month before reading anything into the change. Total closings came in at 5,417, down 7.8% year-over-year,…

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S&P/Cotality Case-Shiller Indexes for August 2026

The latest S&P Cotality Case-Shiller® Home Price Index® numbers were published today. The new report covers home sales from April to June 2026. This means the typical home sale closed in mid-May, more than 3 months ago. We should remember that Case-Shiller data is based on older sales and does not include data from July…

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Mid-Month Pricing Update and Forecast

For the monthly period ending August 15, we are currently recording a sales $/SF of $292.77, averaged across all areas and types in the ARMLS database. This is down 3.6% from the $303.74 we measured for July 15. Our forecast range midpoint was $300.36, so although we predicted a significant fall, we underestimated it by…

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Price Analysis: Part Three – A Longer-Term View

In our last two posts, we studied the weak period in the housing market that has lasted since the froth of the COVID frenzy blew away. Using the most recent price peak as the baseline means almost all methods of measuring home prices show a gloomy picture because, by definition, we started at the top…

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