Are real estate prices droping?

[Jimmy Rojas]

Hey everyone, i live in Phx,az and very frequently check out the MLS portal for real estate in Az, recently looks like there is a drop in asking prices and houses are not being swept off the market as fast as before, what is the reason behind this and could it be expected that the prices will drop even more, there is a lot of contradicting information on the matter, what liable place do you all recommend to get accurate info. Thank you.