Phoenix home prices jump 22.5 percent over past year

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By Christopher S. Rugaber  I  Associated Press  I  Tue May 28, 2013 11:04 AM

WASHINGTON — Phoenix home prices surged 22.5 percent over the past 12 months – more than twice the national average, a report released Tuesday indicates.

U.S. home prices jumped 10.9 percent in March compared with a year ago, the most since April 2006, according to the Standard & Poor’s/Case-Shiller home price index.

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March home price gains biggest since April 2006

usatoday link

Posting the biggest gain in seven years, home prices rose 10.9% in the prior 12 months ending in March.  Year over year, home prices are up 10.9%, according to 20-city composite index. Biggest home price gains… Phoenix – 22%.

Click here for the entire USA Today arcticle from, May 28th, 2013.

New growth spurt for Valley

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By Ronald J. Hansen  |  The Republic  |
Thu May 23, 2013  7:37 AM

Shaking off a population slump tied to the housing bust, Phoenix once again was among the nation’s fastest-growing cities last year, newly released Census Bureau estimates show.

The city added more than 24,000 new residents and edged closer to overtaking Philadelphia as the fifth-largest city in the country. The population surge spilled into the Valley’s suburbs as well, with 11 municipalities adding a collective 42,000 new residents. Among them was Buckeye, which ranked as the ninth-fastest growing city in the nation in 2012.

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