Phoenix Home Prices Have Soared—But Can Growth Last?

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, examines the dramatic rise in Phoenix home prices, which have more than tripled since 2000. Despite its rapid growth, the city now faces extreme heat and worsening water shortages, raising questions about the long-term sustainability of its housing market. With soaring air conditioning costs and environmental challenges, the city’s real estate boom may eventually slow down.