Phoenix home values ​​have risen 22% in the past year

Phoenix home values ​​have risen 22% in the past year. Usually, real estate transactions in Phoenix will cool down in the summer, but according to the latest data on Tuesday, it still occupies the first position in the country...

Phoenix home values ​​have risen 22% in the past year. Usually, Phoenix real estate transactions will cool down in the summer, but according to the latest data on Tuesday, it still occupies the first position in the country. Arizona home prices, including bankruptcies and short-sale homes, rose 18.2% in August compared with the same period last year. Greater Phoenix home values ​​increased 21.8% in August compared with last year. August this year increased by 1.4% compared with July. According to national data, home values ​​in the greater Phoenix area increased by 22%, followed by Houston at 6.3%, Dallas at 4.8%, and Los Angeles at 4.3% and 4% respectively. In August, national housing prices rose by an average of 4.6%. Only six states in the country saw declines from last year: Alabama, Connecticut, Illinois, Kentucky, New Jersey and Rhode Island. According to a CNNMoney survey of economists, the U.S. housing market is finally showing signs of recovery after a long period of depression. Nine of the 14 economists interviewed believe that house prices have already rebounded or will rebound later this year. In addition, the number of new housing starts and the sales of existing and new homes have both increased. For more information about real estate, please contact Tinna of Goldtrust Realty (480)287-0180 E-mail:Goldtrustrealty2010@gmail.com