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Redfin: Phoenix ranked first among US metros for new residents added in 2020

Redfin: Phoenix ranked first among US metros for new residents added in 2020

William Lyon HomesRedfin said the number of homes for sale in Phoenix dropped 18% year-over-year in 2020, according to Redfin, and construction has barely kept up with demand, with a report finding that building permits for new construction were up 18.5% year-over-year.9:03 AM, Feb 16, 2021Phoenix's population surge continues.According to a Feb. 4 Redfin report, the Valley recorded net inflow of 82,601 residents in 2020, the most of any metro area last year. Net inflow — a metro area’s gain in new residents after accounting for departures — is yet another measure articulating the recent...

February 16, 2021
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