Single-family home sales in metro Phoenix extended their growth streak to 12 months in May.
Home sales posted a year-over-year increase in each of the last 12 months, with closings rising 4.6% from May 2025, and year-to-date closings up 4.7%, according to the latest data from Phoenix REALTORS.
“Many were expecting May to be a challenging month after April’s numbers and with the continuing economic uncertainty,” Sammy Glassman, board president of Phoenix REALTORS, stated in a press release. “Instead, closed sales continued to show year-over-year growth. Pending sales and new listings are still down so far this year, the declines are slight, and the market is holding steady from a year-to-date perspective.”