Where are metro Phoenix home prices soaring

By Catherine Reagor | Arizona Republic

Home price increases in metro Phoenix took a pause during November after hitting monthly records for the previous six months.

But buyers struggling to find homes they can afford and win bidding wars won’t get too much of a break.

Metro Phoenix’s median home price dipped slightly to $331,000 in November from $332,500 in October, according to the Arizona Regional Multiple Listing Service.

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