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How rising interest rates are affecting the Valley's housing market

The Arizona housing market finally appears to be cooling off, rebalancing after years of high prices and limited supply. But with rising interest rates, are homes actually more affordable for buyers?

To learn how these rising interest rates affect the Valley’s housing market, The Show spoke with Tina Tamboer, senior housing analyst with the Cromford Report.

More stories from KJZZ

Lauren Gilger, host of KJZZ's The Show, is an award-winning journalist whose work has impacted communities large and small, exposing injustices and giving a voice to the voiceless and marginalized.