Phoenix Home Prices Experience Nation’s Biggest Price Spike in September

Even though they already are at historic highs, home prices in the Valley are increasing faster than in any other market in America. 

The S&P CoreLogic Case-Schiller Home Price Index from September showed Phoenix home sale prices increased more than 33% from September 2020.

Of the 20 major metropolitan markets the index tracks, no other city increased as much in the report, which was released Tuesday. The next-highest annual percentage increase was Tampa Bay at 27.7%.

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