Arizona home building nosedives amid recession concerns

But Valley builders can help prevent a future spike in home prices, says an ASU real estate expert.

In this article published Dec. 19, 2022, on Axios Phoenix:

This is exactly when we need to be building more units because we're still growing and we still need more supply.

– Mark Stapp, Fred E. Taylor Professor of Real Estate and executive director of the Master of Real Estate Development program