If you need assistance, please call 480-365-8346

Phoenix metro again leads nation in home price growth. Yes, that trend could continue

Wednesday, September 1, 2021   /   by Juan Grimaldo

Phoenix metro again leads nation in home price growth. Yes, that trend could continue

Despite reports that the Phoenix metro’s housing market may be cooling, the Valley once again is leading the nation in home price growth.

Phoenix saw the highest year-over-year home price growth in June, at 29.3%, according to the latest S&P CoreLogic Case-Shiller Indices. That’s the 25th consecutive month Phoenix has led the nation in the report.

The Valley was followed by San Diego and Seattle, which respectively saw year-over-year increases of 27.1% and 25%. All 20 cities reported higher price increases in the year ending June 2021 versus the year ending May 2021.

“As has been the case for the last several months, prices were strongest in the Southwest (+22.7%) and West (+22.6%), but every region logged top-decile, double-digit gains,” the report stated.

To continue reading, click here.

By Erin Edgemon and Greg Barr - Phoenix Business Journal

Keller Williams Realty Elite- The Grimaldo Group
Juan Grimaldo
2403 N Pebble Creek Pkwy #101
Goodyear, AZ 85395
480-365-8346

© 2021 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. Real estate listings held by brokerage firms other than Juan Grimaldo - Keller Williams Realty Professional Partners - The Grimaldo Group (WINBACK) are marked with the Arizona Regional Multiple Listing Service logo and detailed information about them includes the name of the listing brokers. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. September 16, 2021
This site powered by CINC: www.cincpro.com