In July 2023, the Phoenix metro area witnessed a decline in sales volume, experiencing an 8.4% decrease compared to July 2022 among the top 15 metro areas, with a total of 4,128 homes sold. Meanwhile, New York metro area experienced the most notable decrease in sales volume for single-family homes in the same timeframe, with a decline of 50.1% compared to the corresponding month in the previous year.

Learn more about the metrics in PropMix Market Insights.

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