By Angela Gonzales | Phoenix Business Journal
Once again, Phoenix is No. 1 in the nation in home price growth, with year-over-year price increases of 9% in June, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index.
Phoenix price growth far outdistances the next two major metros: Seattle, with 6.5% year-over-year growth, and Tampa, Florida, at 5.9% price growth.
Phoenix’s growth is now more than twice the year-over-year national increase, at 4.3%.
Peter O’Neil, research director for NorthMarq, said these results show the resiliency of the Valley housing market.
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