Home prices in the Valley take a rare turn

By Angela Gonzales | Phoenix Business Journal

After metro Phoenix home prices continued to decline in July, they have been leveling off in August, according to Valley market analysts.

While the latest results of the S&P CoreLogic Case-Shiller Indices released Aug. 29 showed a 1.1% increase in home prices in Phoenix and 1.3% across the nation between May and June, Realtors and analysts in the Valley say that doesn’t reflect current market conditions.

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August 29, 2023

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