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

This graph says it all

 

Phoenix home prices are where they were back in January 2000… and that’s without adjusting for inflation.

In real inflation-adjusted dollars, Phoenix home prices are much less than they were 11 years ago.

June 1, 2011 by
 
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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