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Phoenix home prices outpace inflation by 177%, study finds
Original: Phoenix home prices have outpaced inflation by 177%, study finds
A new study has found that home prices in Phoenix have risen 177% faster than inflation, underscoring how sharply housing costs in the Arizona metro have climbed beyond general price growth. The finding points to mounting affordability pressure for buyers and renters in one of the fastest-growing US cities.
Why now: Housing affordability is a pressing concern, and data showing Phoenix prices far outstripping inflation highlights how unattainable the market has become for many residents.
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- Phoenix home prices have outpaced inflation by 177%, study finds · phoenixnewtimes.com
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