The Last Shall Be First: Phoenix Price Leap

As home prices continue to advance some of the cities that saw prices plunge in the housing are staging strong rebounds. Phoenix prices are up almost 23% in the 12 months ended in November while Detroit has staged the largest rebound — 24.6% from its low point of any city.  All the numbers for peaks, troughs and recoveries are on the table. Click on table for larger image.

 

Source:S&P/Case-Shiller Home Price Indices

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