The latest S&P/Case-Shiller® Home Price Index® numbers came out this morning, covering sales that closed between February 2016 and February 2016. The greater Phoenix metro area came in with 6.04% appreciation over that 12 month period.
The Cromford Report comments – “The west coast continues to appreciate the fastest, with Denver also very strong. Phoenix is in the middle of this pack of 20, but beat the overall average for the USA. When we look at the month to month change we see:
- San Francisco 1.06%
- Seattle 1.06%
- Denver 0.94%
- Portland 0.75%
- Los Angeles 0.70%
- Tampa 0.59%
- Dallas 0.52%
- Atlanta 0.37%
- Charlotte 0.35%
- Phoenix 0.27%
- Las Vegas 0.21%
- Detroit 0.10%
- Miami 0.08%
- San Diego 0.06%
- Boston -0.08%
- Washington DC -0.20%
- Chicago -0.31%
- Minneapolis -0.44%
- New York -0.47%
- Cleveland -0.60%”
If you’re ready to buy a home in Phoenix, Scottsdale or surrounding areas, contact me today for a no obligation consultation.
Historic Phoenix Real Estate
Article Name
Just released - Phoenix has 6.0% appreciation over last year
Description
Sales that closed between February 2016 and February 2016 show the greater Phoenix metro area came in with 6.04% appreciation over that 12 month period.
Author
Historic Phoenix Districts
HistoricPhoenixDistricts.com
Historic Phoenix Districts