Arizona housing market prices are rising, but still not recovered from recession

Phoenix Business Journal

As the nation’s housing market prices recover to pre-recession levels, homes in the Arizona market are still on average worth 16 percent lower than they were almost 12 years ago.

Those findings come from a report by CoreLogic looking at state by state and national market recovery.

Tina Tamboer, an analyst for the Cromford Report, said current Arizona market conditions are favorable and nothing to worry about.. 

Most of the country’s housing markets peaked before falling into deep decline…

Source: Residential News