Arizona 3rd among top 10 states where home prices are surging

Home PricesBy Eric Schaal | Wall St. Cheat Sheet

The rebound in home prices from post-bubble lows is still intact. With the help of low interest rates and inventory levels, many areas of the country continue to post impressive price gains.

In September, home prices across the nation increased on a year-over-year basis for the 19th consecutive month. According to CoreLogic, a property information and analytics provider, home prices jumped 12% in September from a year earlier. In fact, home prices have posted double-digit gains for eight straight months.

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