Phoenix: S&P / Case-Shiller Home Price Indices released 1-25-2011
The S&P / Case-Shiller Home Price Index was released today with the three month moving average available through November 2010. The most recent numbers available for the Phoenix Metropolitan Area have been graphed based on Case-Shiller price tiers.
If the “typical” family moves every five to seven years, it’s clear there is more pain on the horizon for sellers and potential opportunity for new buyers.
