StreetMatrix adds Arizona and Utah to its housing index
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StreetMatrix adds Arizona and Utah to its housing index
StreetMatrix expanded its independent real estate analytics platform into Arizona and Utah, extending a housing index that already covers California and Nevada. The platform publishes monthly housing market reports using the proprietary StreetMatrix Index to track statewide and local trends. The expansion targets fast-growing Western states that have seen population growth, migration shifts, and pricing volatility. The goal is to provide a reliable benchmark that reduces fragmented housing data and clarifies what is happening in local markets. New monthly reports for Arizona and Utah mirror existing outputs, including statewide analysis, city-level insights, transaction trends, and one-, two-, and three-year comparisons to contextualize current price movement. The reports aim to support monitoring of affordability pressures, migration patterns, and economic changes reshaping housing across the West.
"StreetMatrix has expanded its independent real estate analytics platform into Arizona and Utah, adding two fast-growing Western states to a housing index that already covers California and Nevada, the company announced on Wednesday. StreetMatrix was created by housing analyst Jonathan Miller, president and CEO of Miller Samuel, and economist Nick Huntington-Klein, an associate professor at Seattle University. It publishes monthly housing market reports that use the proprietary StreetMatrix Index to track statewide and local trends."
"The expansion into Arizona and Utah represents another important milestone as we continue building a more transparent and consistent framework for understanding housing market performance across the country, Miller said in a statement. These are markets that have experienced significant population growth, migration shifts, and pricing volatility over the last several years. Our goal is to provide a reliable benchmark that cuts through fragmented housing data and offers a clearer picture of what is actually happening in the market."
"StreetMatrix said the new monthly reports for Arizona and Utah will mirror its existing outputs, with statewide analysis and city-level insights, transaction trends, and one-, two- and three-year comparisons to put current price movement in context. Arizona and Utah have become increasingly important markets to monitor as affordability pressures, migration patterns, and economic shifts continue reshaping the housing landscape across the West, Huntington-Klein, chief economist at StreetMatrix, said."
Read at www.housingwire.com
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