Arizona Home Prices Growth Slows

September 24, 2013

The Standard &Poor's/Case-Shiller 20-city home price index reported Tuesday that Phoenix has posted 22 consecutive months of positive return. But the growth is slowing down.

Phoenix was one of the seven metropolitan areas in the study with a lower annual growth rate. Home prices in July were 18.9 percent higher than July of last year. But home prices increased 19.8 percent last month. 

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