Phoenix Housing Market 2024: Record Building, But Supply Still Falls Short
If you’ve been driving around the Phoenix metro area lately, it’s easy to see the change. New homes, apartments, and large communities are rising across the Valley.
Builders continue to expand in areas like Queen Creek, San Tan Valley, and the West Valley. The goal is simple—keep up with strong demand in the Phoenix housing market in 2024.
As seen on Arizona’s Family 3TV (May 2025)
“The southeast Valley, San Tan, Queen Creek, northwest Valley, West Valley, big home builders—these big, nationally, publicly traded homebuilders want big plots of land,” realtor Trevor Halpern, founder of Halpern Residential, said.