Home prices headed back up in metro Phoenix

By Angela Gonzales | Phoenix Business Journal

U.S. home prices edged downward from their all-time high in November, with 12 out of the 20 major metro markets reporting month-over-month decreases, according to the latest S&P CoreLogic Case-Shiller Indices released Jan. 30.

“The streak of nine monthly gains ended in November, setting the index back to levels last seen over the summer months,” said Brian D. Luke, head of Commodities, Real & Digital Assets at S&P DJI.

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