New Numbers Home Prices Vaults Over 16 Percent In Phoenix

New Numbers Home Prices Vaults Over 16 Percent In Phoenix

By Todd Pooler (602) 432-3557 or todd@soldbyjoshua.com
It's time to start that home search and get in on the rising home values! U.S. home prices surged 11.9 percent in June from a year earlier, reflecting stronger demand amid a tight supply of homes for sale. CoreLogic, a real estate data provider, said Tuesday that home prices climbed on annual basis in 48 states. Nevada led all states with an annual gain of 26.5 percent. That was followed by California (21.4 percent), Wyoming (16.7 percent), Arizona (16.2 percent) and Georgia (14.3 percent). On a monthly basis, U.S. home prices rose 1.9 percent in June from May, the 16th straight month-over-month increase. All told, U.S. home values increased 10 percent through the first six months of the year, the firm said. "Trend in home price gains is moving at the fastest pace since 1977," said Mark Fleming, CoreLogic's chief economist.


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Phone: 623-703-7445
Dated: August 7th 2013
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