Phoenix S&P Case-Shiller Home Price Index
Posted by Artur Ciesielski on Friday, April 9th, 2010 at 11:27am.The latest data from the S&P Case-Schiller Home Price Index are very encouraging. The graph below compared shows Phoenix in dark red with the latest index number at 111.76 and a leveling off and a slight rise in prices.
The last time the index was at this poing was in January 2002. In other words, the market index has lost 8 years of appreciation. That's the negative new in all this, but we already know that it's been a heavy hit for everyone.
The other two indexes platted are Las Vegas in Pink and San Diego in Grey. The graph was compiled by The Cromford Report.
Artur Ciesielski | 602.492.8004
Artur is a Realtor and partner with inPhoenix Realty Group and an aspiring flaneur, currently in Phoenix or elsewhere when time allows, which is rarely. You can find him running up miles on this car, cycling the urban streets, in the office on Central or working at one of the many coffee shops in Central Urban Phoenix.
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