
Arizona Housing Affordability Sinks to Lowest Level in History
Housing affordability in the United States sank to its lowest level in index history in the third quarter of 2023. This applied for housing affordability in two Arizona metropolitan areas as well. The fourth quarter of 2022 was the low point for affordability in most Arizona metropolitan areas; however, Lake Havasu City-Kingman and Tucson both experienced even lower affordability in the third quarter of 2023. Arizona housing affordability The share of homes sold in the third