Here’s how much metro Phoenix home prices are rising from just 5 years ago

By Catherine Reagor | Arizona Republic

Metro Phoenix’s median home price is on track to hit $460,000 in April, double what it was five years ago.

That jaw-dropping forecast based on pending sales is one more blow to homebuyers grappling to afford a house.

Many would-be buyers in the Phoenix area are also struggling to find a home for sale, as the number of listings fell to a record low for February, according to the Arizona Regional Multiple Listing Service.

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