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Podcasts Take Two
Home values up in Arizona, but labor force still waning
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Feb 15, 2013
Listen • 4:14
Home values up in Arizona, but labor force still waning
Last year home values in Phoenix were up 29 percent from the year before — the highest jump in the nation. That’s driving a rebound in new housing construction, but what’s not rebounding is the labor force.
A recently-built neighborhood of tight knit homes is seen April 5, 2008 on the outskirts of Tucson, Arizona. The housing boom of the last few years that created neighborhoods like this one has come to a crashing halt, and some developers have halted construction on neighborhoods before they have been completed.
A recently-built neighborhood of tight knit homes is seen April 5, 2008 on the outskirts of Tucson, Arizona.
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Chris Hondros/Getty Images
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Last year home values in Phoenix were up 29 percent from the year before — the highest jump in the nation. That’s driving a rebound in new housing construction, but what’s not rebounding is the labor force.

Last year home values in Phoenix were up 29 percent from the year before — the highest jump in the nation. That’s driving a rebound in new housing construction, but what’s not rebounding is the labor force. From the Fronteras Desk in Phoenix, Jude Joffe-Block reports.