Phoenix sees huge home price surge

By Angela Gonzales | Phoenix Business Journal

For the 32nd consecutive month — more than 2.5 years — metro Phoenix once again has the highest home price gain in the nation, according to the latest S&P CoreLogic Case-Shiller Indices.

With a year-over-year price increase of 32.6% in January, Phoenix topped the nation, followed by Tampa, with 30.8%, and Miami, with 28.1% gains, according to the report released March 29. The national average was a 19.2% gain.

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