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✉news BusinessReal Estate first seen 12 h ago, last 7 h ago, peak #34

Phoenix home prices outpaced inflation by 177%, study finds

Original: Phoenix home prices have outpaced inflation by 177%, study finds

A new study found that home prices in Phoenix have risen 177% faster than inflation, underscoring how sharply housing costs in the Arizona metro have climbed relative to general price levels. The finding adds to ongoing debate about affordability in Phoenix, one of the fastest-growing US cities, where buyers and renters have faced steep price increases in recent years.

Why now: Housing affordability is a pressing concern, and a figure this stark highlights how far Phoenix prices have detached from broader economic trends.

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