What the rise of Phoenix’s housing market says about the U.S. economy

The rapid rise of a market that housing analysts once thought might not recover for decades demonstrates the strength of the national recovery

By Laura Kusisto | The Wall Street Journal

Phoenix’s battle-scarred housing market is expected to be the strongest in the country in 2017, another sign that the U.S. housing market is returning to full strength.

The rapid rise of a market that housing analysts once thought might not recover for decades demonstrates the strength of the national recovery, as home prices this week hit a new record.

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