Why housing prices are on the rise in metro Phoenix

By Angela Gonzales | Phoenix Business Journal

Home prices increased 4.4% in metro Phoenix in May, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index released July 30.

Nationwide, the annual gain in May was 5.9%, down from a 6.4% annual gain in the previous month, according to the report. These national gains are lower since peaking at 6.5% in February and March, said Selma Hepp, chief economist for CoreLogic.

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July 31, 2024

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Why housing prices are on the rise in metro Phoenix

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