By Catherine Reagor | The Republic
Boomerang and first-time buyers are driving increases in metro Phoenix home sales and prices
Home building is up 46 percent in the Valley
Metro Phoenix’s median home price has climbed to $225,000
Temperatures have cooled, and most of metro Phoenix’s housing market is heating back up.
Valley home sales and prices waned a bit in August, after several months of increases.
But home prices, home sales and home building are all on the rise again, according to two new reports.