Phoenix Mayor Kate Gallego and Arizona water officials brace for a federal rule reallocating Colorado River water, with economists warning mandated cuts could slow homebuilding in one of the nation’s fastest-growing metros.
A newly completed estate in the Silver Sky community of Paradise Valley sold for $14.1 million to lead the top five reported home sales in the Phoenix metro area for the week ending August 16, 2026.
A gated 1986 estate in Paradise Valley’s Elmaro Estates sold for $19 million to lead the five highest-priced home sales publicly reported in the Phoenix, Arizona metro area for the week ending August 9, 2026.
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