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:
“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."
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