Case-Shiller Home Price Index – Phoenix up strongly again in October

(See recent posts on Phoenix Case-Shiller Home Price Index.)

… stronger appreciation in October than September!

Phoenix Homes Appreciation Increases in October

Greater Phoenix home prices appreciated 1.3% between September and October compared to appreciation of 0.8%, 1.6%, 1.8% and 1.1% in the previous 4 months, according to my analysis of Case-Shiller data.

Well, 1.3% appreciation in one month is very large and we’ve now seen 6.6% appreciation in 5 months, that’s a good year’s worth of appreciation in only 5 months.

The Case-Shiller Home Price Index for Phoenix is where it was in September 2001.

December 29, 2009 by Realtor John Wake

About The Author

John Wake

Born in Phoenix, trained as an economist and now a licensed Realtor, John uses hard data from the real estate market to help his clients -- buyers and sellers of residential real estate -- uncover their best choices for finding the right home or finding a buyer for their current home.

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