Some area's within 30 miles of downtown Phoenix have gone up $30 K in the past 90-120 days.With almost 320 more people moving here versus leaving it is one of the hottest markets wehave seen. 

Not sure if this is the right section but I wanted to share some trends I am noticing in the Canadian mortgage market place CMHC insured rates are really low for owner occupied, with rates as low as 1.64% and commercial loans ranging between 2-4 %There are some B lenders offering unique programs with a return of stated income using only 6 month bank statements as proofAlso seeing a new High Net Worth program which provides almost no TDS component however LTV is maxed at 65% and additional equity is required65% HELOC and 80% mortgage is available from a couple of lenders.

U-haul puts out data on moving and migration trends

If this trend were to continue, pretty soon the only homes for sale will be new listings under 30 days. 

Just came across an article from Zillow with their picks for the hottest and coldest markets of 2021.

Rita, welcome to real estate in this area , Phoenix.Good news ,anything you buy will go up in value as this is one of the hottest markets, if not the hottest market. 

Rental market trending down in the area?

@Patricia Smith the trend seems to be in that direction in many things.

For me, it will depend on where you see the general trend of the market heading in the area.

However, those decisions are the business of the individuals entering into voluntary agreements.There surely is a strong trend to legislate away the ability to make decisions for oneself.