November 15, 2024 6:36 am
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See where home prices are jumping the most and what indicators are flattening

By Mike Sunnucks | Phoenix Business Journal

A key U.S. home price index was up 5.9 percent in July compared to a year ago with some Western markets such as Seattle, Portland and Las Vegas posting even stronger prices again.

Those gains are according to the latest S&P Corelogic Case-Shiller National Home Price Index.

In Phoenix, the home price index is up 5.6 percent during the past 12 months.

That is just below the national average, but is lower than some price gains seen in other Western markets.

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