By Catherine Reagor | Arizona Republic
New houses are going up in the Phoenix area at the fastest pace in 10 years, and prices are climbing faster than they have in five years.
Buyers are again heading to Valley suburbs farther out to find houses they can afford.
All are signs that metro Phoenix’s homebuilding market is recovering.
But it still has a way to go to rebound from the housing crash that left many Valley fringe neighborhoods half-built and blocks of new houses empty for years.