Forecast calls for Phoenix home prices to rise by 3.6 percent

home_pricesBy Catherine Reagor, The Arizona Republic | azcentral.com 2014

A new survey from Zillow.com is projecting that metro Phoenix home prices will rise 3.6 percent by April 2015. That’s not a significant increase compared with the 17 percent rise last year and the 30 percent jump in 2012.

Phoenix ranks 15th for projected home-price appreciation on Zillow’s list of large metros. Las Vegas, which has lagged the Valley in the housing rebound, ranks No. 1 with an almost 11 percent expected jump in home values.

Housing analyst Mike Orr, who tracks home sales daily, isn’t a fan of forecasting home prices several months out on sales that haven’t even been started.

Continued: 

Share this!

Additional Articles

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories