Valley keeps nation’s lead in home price increases

By Paul Maryniak | The Mesa Tribune

Phoenix continues to lead the nation in year-over-year home price increases, according to a national tracker of housing and other economic data.

Meanwhile, the Valley’s leading analyst of the Phoenix Metro housing market last week provided data indicating the larger role investors are playing in the regional housing market.

The S&P CoreLogic Case-Shiller 20-City Home Price Index looked at data for July and said Phoenix led the pack with a 32.4 percent year-over-year increase in home prices in July, with San Diego (27.8 percent) and Seattle (25.5 percent) coming in second and third, respectively.

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