Phoenix home prices jump 22.5 percent over past year

az cental 22.5

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.

Click here for the entire Arizona Republic article.

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

0424120120pl    PNI0502-gr permits

By Ronald J. Hansen  |  The Republic  |  azcentral.com
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.

Click Here for entire AZ Republic Article