Cities with the fastest-growing home prices in the Phoenix metro area

Cities with the fastest-growing home prices in the Phoenix metro area

The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties. The typical home value in the United States was $357,377 in February, 2.1% higher than the year before. Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to …