Phoenix could see 2008-like plummet in housing prices, Goldman Sachs report says

Is a 2008-like housing plummet headed for the Valley? It could happen, according to a recent Goldman Sachs forecast sent to clients. The New York Post cited the Goldman Sachs note, saying four markets — San Jose, California; Austin, Texas; San Diego, California; and Phoenix — will likely see housing price declines of around 25%. Aside from Phoenix housing costs, experts say Arizona has been experiencing among the highest inflation rates in the country. Those numbers have since been slightly easing.

More on housing prices: https://www.abc15.com/news/region-pho...
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