Metro Phoenix home sales and prices dipped in June and are expected to fall again in July.
The number of listings fell, too, and so did interest rates. Both should have given the housing market a bit of a boost, but they didn’t in June and most likely won’t in July.
The Valley’s median home price dipped $3,000 to $448,000 in June from May, according to the Arizona Regional Multiple Listing Service. The median could fall to $439,000 in July based on pending sales…