Phoenix housing market picks up while other major markets slow down

KTAR

The Phoenix housing market picked up in the past year while other major markets including Seattle, Sacramento and Portland experienced a slowdown, according to online real estate database company Zillow.

The July 2018 Zillow report found that home values in Phoenix rose 7.7 percent in the last year, with a median home value of $256,000. The average rate of home value growth was 4.8 percent, which the report said is faster than average.

The U.S. as a whole saw home values rise eight percent in the last year, with median home value reaching $218,000.

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September 4, 2018

Housing, Phoenix

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Phoenix housing market picks up while other major markets slow down

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