November 21, 2024 6:36 am
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Home prices are rebounding nationwide

Photo Via The Grigg’s Group

By Angela Gonzales | Phoenix Business Journal

Cash buyers are flocking into metro Phoenix to buy luxury homes. This is a rendering of a home that just sold for $5.574 millionmbeing built by Scottsdale-based Cullum Homes at Ascent at the Phoenician — The Estates.

Home price growth may be rising nationwide, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, but metro Phoenix price growth declined by 4.5% in March.

Read the full subscription story from the Phoenix Business Journal.

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