“Phoenix continues to lead the home price recovery. It recorded its fourth consecutive month of double-digit positive annual returns with a +18.8% rate for August."
Tuesday, October 30, 2012
Home Values' Continued Recovery
The S&P / Case-Shiller home price index is out and prices rose 2% in August on a year-over-year basis. Here is a Bloomberg article and a Calculated Risk blog post on the increase. In a report full of positive housing news, this sentence on Phoenix from the Calculated Risk post stood out: