Home price index hits new high; Phoenix growth ‘far out

Image by Alexander Stein from Pixabay

By Jim Poulin | Phoenix Business Journal

Once again, Phoenix the nation in home price growth, with year-over-year price increases of 9% in June, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.

Phoenix price growth far outdistances the next two major metros: Seattle, with 6.5% year-over-year growth, and Tampa, Florida, at 5.9% price growth.

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