November 25, 2024 12:41 pm
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Phoenix home sales soar by 19 percent

BoomerangBy Catherine Reagor | The Republic

Boomerang and first-time buyers are driving increases in metro Phoenix home sales and prices

Home building is up 46 percent in the Valley

Metro Phoenix’s median home price has climbed to $225,000

Temperatures have cooled, and most of metro Phoenix’s housing market is heating back up.

Valley home sales and prices waned a bit in August, after several months of increases.

But home prices, home sales and home building are all on the rise again, according to two new reports.

Continued:

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